North Tonawanda, NY is an affordable city located near Buffalo, NY. The two bedroom rent prices in North Tonawanda are significantly lower than the average across the US. A two bedroom apartment in North Tonawanda costs only $960 compared to a US average of $1,430. Not only is there less expensive rent in North Tonawanda, but the cost of groceries also remains relatively low with a Grocery Cost Index of 100 versus the US average of 100 as well. There are several local companies in North Tonawanda including Wurlitzer Manufacturing Company, which produces jukeboxes; Bison Corporation, a manufacturer of mechanical equipment; and Unitas Tool & Die Corporation, which offers custom machining services. With its affordability and diverse businesses, North Tonawanda is an attractive option for those looking to move or start a business.
North Tonawanda has an unemployment rate of 6.5%. The US average is 6.0%.
North Tonawanda has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for North Tonawanda
- The Sales Tax Rate for North Tonawanda is 8.0%. The US average is 7.3%.
- The Income Tax Rate for North Tonawanda 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 North Tonawanda
- The average income of a North Tonawanda resident is $28,959 a year. The US average is $28,555 a year.
- The Median household income of a North Tonawanda resident is $61,926 a year. The US average is $69,021 a year.