Otisco, NY is a small suburb located just outside of Syracuse in upstate New York. It is known for its natural beauty, with the Onondaga Lake offering plenty of outdoor activities such as swimming, boating, fishing and hiking. The town also has a number of well-known companies such as Welch Allyn and PhotoWorks that provide employment opportunities for local residents. Furthermore, Otisco offers competitive rental prices compared to the US average and has lower grocery costs than the rest of America. This makes it an attractive option for many looking for a good quality of life without breaking their budget.
Otisco has an unemployment rate of 6.5%. The US average is 6.0%.
Otisco has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Otisco
- The Sales Tax Rate for Otisco is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Otisco 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 Otisco
- The average income of a Otisco resident is $44,437 a year. The US average is $37,638 a year.
- The Median household income of a Otisco resident is $88,125 a year. The US average is $69,021 a year.