St. Regis Falls, NY Economy


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St. Regis Falls is a small village in Upstate New York located near the Canadian border. It has a population of fewer than 1,000 people and is situated in a rural area surrounded by natural beauty. The cost of rent for a two-bedroom apartment is much lower than the US average at $740 per month, making it an attractive option for those on a tight budget. Grocery costs here are also quite reasonable compared to the national index.
The town of St. Regis Falls has several businesses that serve locals and tourists alike, such as Breen's Country Store, which offers fresh groceries and household items, or Indian Lake Restaurant for delicious homestyle cooking. Other attractions include Hodder Memorial Park, offering plenty of outdoor activities like fishing and camping, or Akwesasne Mohawk Casino which offers 24/7 gaming opportunities. For those looking to explore more of nature’s beauty nearby there are many lakes, mountains trails, and rivers waiting to be discovered.

St. Regis Falls has an unemployment rate of 6.5%. The US average is 6.0%.

St. Regis 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 23.1%, which is lower than the US average of 33.5%.

Tax Rates for St. Regis Falls
- The Sales Tax Rate for St. Regis Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Regis 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 St. Regis Falls
- The average income of a St. Regis Falls resident is $19,160 a year. The US average is $28,555 a year.
- The Median household income of a St. Regis Falls resident is $57,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Regis Falls, New YorkUnited States
  6.56
  -4.8%-6.2%
  23.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,359$37,638
  $57,250$69,021
  $70,114$85,028
  Population by Occupation
  0.0%1.2%
  2.8%0.5%
  6.5%6.8%
  0.0%10.0%
  0.0%2.5%
  5.6%11.0%
  10.2%4.8%
  0.0%0.8%
  2.8%1.9%
  0.0%4.7%
  0.0%1.9%
  7.4%7.6%
  0.0%0.1%
  9.3%4.2%
  13.9%9.3%
  6.5%14.0%
  0.0%2.1%
  18.5%7.0%
  7.4%4.8%
  9.3%4.7%
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