Pharsalia, NY is a small rural community located in Chenango County. It has a population of just over 1,000 people and is known for its peaceful atmosphere. The cost of living in Pharsalia is fairly affordable, with average rent for two bedrooms being $830 compared to the national average of $1,430. Grocery costs are also relatively low with an index of 97 compared to 100 nationally.
The town offers many attractions such as hiking trails at Monks Hollow State Forest or trout fishing at Oquaga Creek State Park. You can also visit several local businesses such as the Pharsalia General Store which provides groceries and household items, or Codfish Creek Fish Hatchery which sells farm-raised fish and supplies. The community includes a volunteer fire department, historical society and library that all serve to make it a great place to live.
Pharsalia has an unemployment rate of 6.3%. The US average is 6.0%.
Pharsalia 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 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Pharsalia
- The Sales Tax Rate for Pharsalia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Pharsalia 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 Pharsalia
- The average income of a Pharsalia resident is $22,085 a year. The US average is $28,555 a year.
- The Median household income of a Pharsalia resident is $50,972 a year. The US average is $69,021 a year.