Scotchtown, NY is an attractive place to live due to its reasonable cost of living and plentiful amenities. The average 2 bedroom rent in the area is $1,630, just slightly more expensive than the national average of $1,430. Additionally, the local Grocery Cost Index in Scotchtown is 104 versus 100 in the US, meaning that groceries are only slightly more expensive than the national average. Local companies and amenities that draw residents to Scotchtown include Community Bank NA, McDonalds, Burger King, Walmart Supercenter, and several parks such as American Legion Park and Rosa Parks Memorial Park. With so many features available at a reasonable price point, Scotchtown is an ideal location for those looking to settle down.
Scotchtown has an unemployment rate of 6.1%. The US average is 6.0%.
Scotchtown has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Scotchtown
- The Sales Tax Rate for Scotchtown is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Scotchtown 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 Scotchtown
- The average income of a Scotchtown resident is $28,665 a year. The US average is $28,555 a year.
- The Median household income of a Scotchtown resident is $83,848 a year. The US average is $69,021 a year.