Portland, NY is a small town located in the state of New York. It offers many amenities for those who are looking for an affordable and peaceful place to live. The cost of living in Portland is lower compared to the US average, with 2 bedroom rent costing $840 per month which is significantly lower than the US average of $1,430. Additionally, groceries cost index in Portland is 96 compared to 100 in the US.
Portland boasts a wide range of local businesses that offer various services including restaurants, shops, and other local services. There are many shops such as Ace Hardware and Rite Aid Pharmacy that provide essential products at reasonable prices. There are also several restaurants that serve delicious food from different cuisines like Dominos Pizza and Joes Crab Shack. Furthermore, there are various banks like TD Bank and Santander Bank that offer banking services to residents. With all these local businesses, Portland provides its citizens with a comfortable and convenient lifestyle at an affordable price.
Portland has an unemployment rate of 7.4%. The US average is 6.0%.
Portland 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 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Portland
- The Sales Tax Rate for Portland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Portland 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 Portland
- The average income of a Portland resident is $19,227 a year. The US average is $28,555 a year.
- The Median household income of a Portland resident is $52,607 a year. The US average is $69,021 a year.