South Lima, NY is a great place to call home. With two bedroom rent at only $1,120 per month, it offers an affordable option for those looking to escape some of the more expensive options in larger cities. The grocery cost index in South Lima is also very competitive compared to other areas with it being even with the US average. Businesses such as South Lima Real Estate, Barber & Sons Grocery Store, and Central Drive Auto Repair are all located within the town and provide much needed services for its inhabitants. The overall cost of living in South Lima is much lower than many other cities providing a quality of life that many people can afford and enjoy.
South Lima has an unemployment rate of 5.8%. The US average is 6.0%.
South Lima has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for South Lima
- The Sales Tax Rate for South Lima is 8.0%. The US average is 7.3%.
- The Income Tax Rate for South Lima 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 Lima
- The average income of a South Lima resident is $23,780 a year. The US average is $28,555 a year.
- The Median household income of a South Lima resident is $69,348 a year. The US average is $69,021 a year.