Salamanca Town, NY is a desirable location for potential renters due to its low rent cost and reasonable grocery prices. 2 Bedroom rent in this town is significantly lower than the US average at $780 compared to $1,430. Additionally, the Grocery Cost Index is 95 versus 100 in the US. Salamanca Town offers many attractions including Allegany State Park, Seneca Nation Cultural Center and Museum, and the Salamonie Summer Festival. There are also numerous businesses such as Salamanca Mall Shopping Center, Mega Mart and Biggies Bar & Grill. With its low rental costs and interesting attractions, Salamanca Town is an ideal place for potential renters to live.
Salamanca town has an unemployment rate of 7.2%. The US average is 6.0%.
Salamanca town has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Salamanca town
- The Sales Tax Rate for Salamanca town is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Salamanca town 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 Salamanca town
- The average income of a Salamanca town resident is $24,419 a year. The US average is $28,555 a year.
- The Median household income of a Salamanca town resident is $49,375 a year. The US average is $69,021 a year.