Rhinebeck, NY is an idyllic community located in the Hudson Valley region. It offers an array of activities and amenities that make it a desirable place to live and visit. The cost of living is higher than the US average, with two bedroom rent at $1,730 compared to $1,430 nationwide. Groceries also cost more in Rhinebeck with a grocery cost index of 108 versus 100 in the US. Despite a higher cost of living, Rhinebeck features plenty of attractions and activities that make up for it. Popular local companies include Rhinebeck Bank, Babette's Restaurant & Bar, and Astor Wines & Spirits. Other attractions include Omega Institute for Holistic Studies, Wilderstein Historic Site and Dutchess County Fairgrounds. With its quaint charm and vibrant culture, Rhinebeck is sure to please any visitor or resident alike.
Rhinebeck has an unemployment rate of 5.8%. The US average is 6.0%.
Rhinebeck has seen the job market increase by 1.3% 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 Rhinebeck
- The Sales Tax Rate for Rhinebeck is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Rhinebeck 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 Rhinebeck
- The average income of a Rhinebeck resident is $47,273 a year. The US average is $28,555 a year.
- The Median household income of a Rhinebeck resident is $90,833 a year. The US average is $69,021 a year.