Preston-Potter Hollow, NY is an affordable place to live. The average two bedroom rent in the area is $1,090 compared to the US median of $1,430; making it a great destination for young couples and families on a budget. Moreover, Preston-Potter Hollow also has a lower Grocery Cost Index than the US at 100—making it an economical choice when it comes to food expenses. Residents of Preston-Potter Hollow have access to numerous local companies such as Brehany Farms, Potter’s General Store, and Crown Auto Parts. There is also plenty of recreation activities available in the area such as golf courses, lakeside beaches and hiking trails.
Preston-Potter Hollow has an unemployment rate of 5.7%. The US average is 6.0%.
Preston-Potter Hollow has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Preston-Potter Hollow
- The Sales Tax Rate for Preston-Potter Hollow is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Preston-Potter Hollow 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 Preston-Potter Hollow
- The average income of a Preston-Potter Hollow resident is $28,351 a year. The US average is $28,555 a year.
- The Median household income of a Preston-Potter Hollow resident is $105,451 a year. The US average is $69,021 a year.