Oxbow, NY is a small rural town located in the western part of New York State. It has a population of under 2,000 people and there is an affordable cost of living with a two bedroom rental rate of only $1,060 compared to the US average of $1,430. Grocery costs are also lower in Oxbow than the rest of the country as indicated by a grocery cost index score of 97 versus 100 in the US. There are many local businesses and attractions available for residents in Oxbow such as Lakeview Farm & Garden Center, Oxbow Town Library, Pump & Pantry gas station and convenience store, and Grosvenor's Country Store & Deli. Residents can also enjoy outdoor recreation activities at nearby Whetstone Gulf State Park or Chenango Valley State Park. With its affordability and convenient amenities Oxbow is an attractive place to call home.
Oxbow has an unemployment rate of 7.1%. The US average is 6.0%.
Oxbow has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Oxbow
- The Sales Tax Rate for Oxbow is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Oxbow 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 Oxbow
- The average income of a Oxbow resident is $23,069 a year. The US average is $28,555 a year.
- The Median household income of a Oxbow resident is $75,625 a year. The US average is $69,021 a year.