Orangetown, NY Economy


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Orangetown, NY is a vibrant community located near New York City. It is known for its great public schools, parks and recreational facilities. The cost of living in Orangetown is higher than the US average, with the 2 bedroom rent being around $2,610 and the Grocery Cost Index being 107 compared to 100 nationally. There are several businesses and services in Orangetown to take advantage of including local coffee shops, restaurants, boutiques, banks, salons and a variety of specialty stores. For entertainment there are plenty of museums, theaters and cultural events to enjoy as well as the scenic Nyack Beach State Park which offers wonderful views of the Hudson River and historic sites nearby.

Orangetown has an unemployment rate of 5.0%. The US average is 6.0%.

Orangetown has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Orangetown
- The Sales Tax Rate for Orangetown is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Orangetown 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 Orangetown
- The average income of a Orangetown resident is $45,633 a year. The US average is $28,555 a year.
- The Median household income of a Orangetown resident is $128,699 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOrangetown, New YorkUnited States
  56
  -6.4%-6.2%
  26.5%33.5%
  8.4%6.2%
  6.2%4.6%
  $59,046$37,638
  $128,699$69,021
  $160,301$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.9%6.8%
  5.9%10.0%
  2.3%2.5%
  8.7%11.0%
  1.9%4.8%
  1.4%0.8%
  2.8%1.9%
  6.1%4.7%
  1.8%1.9%
  8.8%7.6%
  0.1%0.1%
  2.9%4.2%
  13.9%9.3%
  17.9%14.0%
  2.4%2.1%
  5.4%7.0%
  4.4%4.8%
  6.2%4.7%
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