Rutland, NY is a small town located in the Finger Lakes region of New York. The cost of living is more affordable than the US average, with a 2 bedroom rent of $1,110 versus $1,430 for the US as a whole. Additionally, the Grocery Cost Index in Rutland is 99 compared to 100 for other areas.
Rutland has an array of local businesses and attractions that make it a great place to live. Local companies include Target Stores, Wegmans supermarkets, Gordon's Wine & Spirits, Old Mill Antiques and Treasures, P&G Paint and Flooring Center and The Edge skate shop. Other attractions such as The Griffis Sculpture Park and Letchworth State Park bring many tourists to this area each year.
Rutland has an unemployment rate of 7.1%. The US average is 6.0%.
Rutland has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Rutland
- The Sales Tax Rate for Rutland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rutland 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 Rutland
- The average income of a Rutland resident is $23,678 a year. The US average is $28,555 a year.
- The Median household income of a Rutland resident is $58,295 a year. The US average is $69,021 a year.