Tarrytown, NY is a vibrant community located in Westchester County. It boasts a diverse population and a variety of businesses ranging from small independent stores to large international corporations. The cost of living in Tarrytown is higher than the national average with two bedroom rentals costing $2,070 compared to the US average of $1,430. Similarly, the grocery cost index in Tarrytown is 110 versus the US average of 100. Some of the major employers in Tarrytown include Regeneron Pharmaceuticals, PepsiCo Inc., IBM Corporation and Acorda Therapeutics. The economy of Tarrytown is largely driven by these companies who have created many employment opportunities for locals. The city also hosts many festivals and events throughout the year which helps boost its economic activity and draws visitors from all over.
Tarrytown has an unemployment rate of 6.2%. The US average is 6.0%.
Tarrytown has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Tarrytown
- The Sales Tax Rate for Tarrytown is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Tarrytown 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 Tarrytown
- The average income of a Tarrytown resident is $49,370 a year. The US average is $28,555 a year.
- The Median household income of a Tarrytown resident is $108,846 a year. The US average is $69,021 a year.