Thurman, NY is a suburban community that offers a tranquil lifestyle with small-town charm. It has a population size of 2,181 and is located in the Adirondack Mountains. The cost of living in Thurman is relatively low compared to the US average; rents for two bedrooms are much lower at $1,080 than the $1,430 national average and grocery cost index is only 99 versus 100 in the US. Local companies such as Empire State Forest Products and O’Neil Logging provide employment opportunities for residents.
Apart from work opportunities, Thurman offers plenty of recreational activities for its residents. You can find hiking and biking trails throughout its forests or take advantage of nearby lakes such as Schroon Lake to enjoy fishing or swimming. Residents also have access to a few local restaurants with excellent cuisine and attractions like the historic Fort Ticonderoga which are sure to make your stay memorable.
With its low cost of living, outdoor recreational activities, local companies providing job opportunities and other attractions like Fort Ticonderoga, Thurman makes for a great place to live in New York State.
Thurman has an unemployment rate of 7.1%. The US average is 6.0%.
Thurman 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 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Thurman
- The Sales Tax Rate for Thurman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thurman 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 Thurman
- The average income of a Thurman resident is $23,338 a year. The US average is $28,555 a year.
- The Median household income of a Thurman resident is $51,250 a year. The US average is $69,021 a year.