South Lockport, NY is a great area to live in for its cost of living. On average, 2 bedroom rent is $1,000 whereas the US 2 bedroom rent is $1,430. Furthermore, the grocery cost index in South Lockport is at 100 versus 100 in the US, making it more economical for you to purchase groceries locally. There are many local companies that make this place so desirable such as Walmart Superstore, Tops Market and Rite Aid Pharmacy. With all these businesses located right within South Lockport's city limits it makes it a prime spot for anyone looking for affordability and convenience.
South Lockport has an unemployment rate of 7.7%. The US average is 6.0%.
South Lockport has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for South Lockport
- The Sales Tax Rate for South Lockport is 8.0%. The US average is 7.3%.
- The Income Tax Rate for South Lockport 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 Lockport
- The average income of a South Lockport resident is $24,031 a year. The US average is $28,555 a year.
- The Median household income of a South Lockport resident is $54,963 a year. The US average is $69,021 a year.