Economy in Newark Valley, New York

Newark Valley has an unemployment rate of 6.1%. The US average is 6.0%.

Newark Valley has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.

Tax Rates for Newark Valley
- The Sales Tax Rate for Newark Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Newark Valley is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newark Valley
- The average income of a Newark Valley resident is $36,114 a year. The US average is $28,555 a year.
- The Median household income of a Newark Valley resident is $53,750 a year. The US average is $53,482 a year.