Rensselaer Falls, NY is a small town located in St. Lawrence County with an interesting history and unique culture. The cost of living is relatively low compared to the national average, with 2 bedroom rent generally costing around $920. The Grocery Cost Index in Rensselaer Falls is 96, which is 4 points lower than the US average.
There are a few notable companies located in Rensselaer Falls, including Stewart Insurance Agency, Bickford Ford Dealership, and Tops Pizzeria & Dairy Bar. These businesses provide locals with quality services and products while also contributing to the economic development of the town. Other local organizations such as the Rensselaer Falls Reformed Church and Rensselaer Falls Historical Society offer residents further community support and involvement.
Rensselaer Falls has an unemployment rate of 6.7%. The US average is 6.0%.
Rensselaer Falls 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Rensselaer Falls
- The Sales Tax Rate for Rensselaer Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rensselaer Falls 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 Rensselaer Falls
- The average income of a Rensselaer Falls resident is $19,858 a year. The US average is $28,555 a year.
- The Median household income of a Rensselaer Falls resident is $71,094 a year. The US average is $69,021 a year.