Owego is a village located in Tioga County, New York. It is known for its close-knit community and historical charm. There are many businesses located in the area, including Owego Pharmacy, Owego Health Center, C&B Grocery Store, and Joes Pizza. Located on the banks of the Susquehanna River, Owego also provides numerous recreational activities such as kayaking, fishing, hiking trails at Nanticoke State Park and swimming at Lakeview Community Pool. With an affordable two bedroom rent of $940 compared to the U.S average of $1,430 and grocery cost index of 99 versus 100 in the US., there's no denying that Owego offers a great quality of life for everyone who lives here.
Owego has an unemployment rate of 6.1%. The US average is 6.0%.
Owego has seen the job market decrease by -5.9% 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 Owego
- The Sales Tax Rate for Owego is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Owego 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 Owego
- The average income of a Owego resident is $39,910 a year. The US average is $37,638 a year.
- The Median household income of a Owego resident is $75,985 a year. The US average is $69,021 a year.