Saratoga, NY is a vibrant and bustling city located near the Adirondack Mountains. It’s a great place to live with plenty of job opportunities and an array of popular local businesses. The 2 bedroom rent in Saratoga is $1,390 compared to the US average of $1,430. This makes it an affordable option for those looking for a cost-efficient living situation. Additionally, the grocery cost index in Saratoga is 103 while the US average is 100 making groceries more accessible than other cities. Local businesses in Saratoga include Impressions Spa & Salon, Battenkill Creamery, Five Points Financial Group and Druthers Brewing Company to name a few.
Saratoga has an unemployment rate of 5.1%. The US average is 6.0%.
Saratoga has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Saratoga
- The Sales Tax Rate for Saratoga is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saratoga 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 Saratoga
- The average income of a Saratoga resident is $35,728 a year. The US average is $28,555 a year.
- The Median household income of a Saratoga resident is $86,268 a year. The US average is $69,021 a year.