St. Armand, NY Economy


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United States / New York / No Metro Area / Essex County / St. Armand / Zip Codes
St. Armand, NY is a small town in the Adirondack region of New York State. It is known for its low living costs and access to outdoor activities like hiking, fishing, and camping. The two bedroom rent in St. Armand is $870 compared to the US average of $1,430 - making it a great place for budget conscious tenants. This affordability is also reflected in the Grocery Cost Index which is 106 versus 100 in the US.
The town has plenty of local businesses that cater to visitors and residents alike; these include restaurants such as Uncle Marty's Diner, stores such as The Country Shoppe, and services like St Armand Tax & Accounting Services. Additionally, there are several local amenities such as parks, libraries and cultural attractions like The Children’s Museum at Saratoga.

St. Armand has an unemployment rate of 6.8%. The US average is 6.0%.

St. Armand 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 23.8%, which is lower than the US average of 33.5%.

Tax Rates for St. Armand
- The Sales Tax Rate for St. Armand is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Armand 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 St. Armand
- The average income of a St. Armand resident is $30,858 a year. The US average is $28,555 a year.
- The Median household income of a St. Armand resident is $69,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Armand, New YorkUnited States
  6.86
  -6.2%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $42,028$37,638
  $69,679$69,021
  $101,842$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  8.2%6.8%
  2.1%10.0%
  0.0%2.5%
  7.5%11.0%
  0.5%4.8%
  2.4%0.8%
  2.5%1.9%
  2.2%4.7%
  0.7%1.9%
  8.0%7.6%
  0.0%0.1%
  1.0%4.2%
  12.6%9.3%
  26.2%14.0%
  0.6%2.1%
  7.8%7.0%
  5.0%4.8%
  11.6%4.7%
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