Pine Valley, NY Economy


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Pine Valley, NY is a small town located in the heart of New York state. The town has a population of about 4,000 people and offers many amenities to its residents. There are several local businesses in Pine Valley, such as a grocery store, pharmacies, restaurants, banks and other shops. The town also has plenty of recreational options from parks and trails to golf courses.
The cost of living in Pine Valley is relatively low compared to other parts of New York State. 2 bedroom rent in Pine Valley is only $960 per month which is significantly lower than the US national average rent for a two-bedroom apartment which is $1,430. Similarly, the Grocery Cost Index for Pine Valley is 97 – slightly below the US national average index of 100 – making food more affordable for locals. All this makes Pine Valley an ideal place to live for those looking for an affordable yet comfortable lifestyle.

Pine Valley has an unemployment rate of 6.9%. The US average is 6.0%.

Pine Valley has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.

Tax Rates for Pine Valley
- The Sales Tax Rate for Pine Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Pine Valley 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 Pine Valley
- The average income of a Pine Valley resident is $24,059 a year. The US average is $28,555 a year.
- The Median household income of a Pine Valley resident is $44,896 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPine Valley, New YorkUnited States
  6.96
  -3.9%-6.2%
  11.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $25,104$37,638
  $44,896$69,021
  $65,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  13.3%10.0%
  0.0%2.5%
  8.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  7.2%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  8.0%4.2%
  23.1%9.3%
  15.2%14.0%
  0.0%2.1%
  6.8%7.0%
  14.0%4.8%
  0.0%4.7%
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