Red Hook, NY is a small town in Dutchess County with a population of 8,174 residents. It is known for its charming scenery and welcoming atmosphere. Red Hook is home to some great local businesses such as The Bakery & Café, which offers delicious homemade baked goods and freshly-brewed coffee, and K&S Barbecue, which serves mouth-watering smoked meats and BBQ sauce. In terms of the cost of living in Red Hook, it is slightly higher than average compared to other parts of the US. The median rent for a two bedroom apartment is $1,570 per month while the US average is $1,430 per month. Additionally, the grocery cost index in Red Hook stands at 107 versus 100 in the US on average.
Red Hook has an unemployment rate of 5.8%. The US average is 6.0%.
Red Hook has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Red Hook
- The Sales Tax Rate for Red Hook is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Red Hook 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 Red Hook
- The average income of a Red Hook resident is $48,113 a year. The US average is $37,638 a year.
- The Median household income of a Red Hook resident is $98,883 a year. The US average is $69,021 a year.