Valley Cottage, NY is a great place to live with plenty of job opportunities and affordable living costs. The average 2 bedroom rent in Valley Cottage is $3290 compared to the US average of only $1430, so it is much more cost effective than other areas. Moreover, the cost of groceries are slightly higher in Valley Cottage at 106 versus an index of 100 in the US. Popular local companies include Valley Cottage Hardware, Valley Cottage Pharmacy and Brody's Pizza & Restaurant. These businesses provide residents with quality goods and services that make life easier for individuals living in this area.
Valley Cottage has an unemployment rate of 5.6%. The US average is 6.0%.
Valley Cottage has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Valley Cottage
- The Sales Tax Rate for Valley Cottage is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Valley Cottage 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 Valley Cottage
- The average income of a Valley Cottage resident is $59,148 a year. The US average is $37,638 a year.
- The Median household income of a Valley Cottage resident is $117,500 a year. The US average is $69,021 a year.