South Glens Falls, NY is a small city with a population of just over 4,000 people. The town has many local businesses including the Glencliff Galleria, a local shopping mall, The Bus Station restaurant and bar, and the South Glens Falls Cinema. The area's economy is primarily supported by these small businesses which offer employment opportunities to residents. Rent for two bedroom apartments in South Glens Falls is much lower than that of the US at large ($1,180 vs $1,430). Additionally, grocery costs are slightly lower in comparison to other parts of the country (101 vs 100). All in all, this makes South Glens Falls an affordable place to live and work.
South Glens Falls has an unemployment rate of 5.1%. The US average is 6.0%.
South Glens Falls 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 South Glens Falls
- The Sales Tax Rate for South Glens Falls is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Glens Falls 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 South Glens Falls
- The average income of a South Glens Falls resident is $25,325 a year. The US average is $28,555 a year.
- The Median household income of a South Glens Falls resident is $52,326 a year. The US average is $69,021 a year.