Vernon, NY is a small town located in Oneida County. It has a population of 5,647 and is known for its family friendly culture and low cost of living. The average 2 bedroom rent in the area is $1,000 which is significantly lower than the US average of $1,430. Grocery cost index is also much lower at 99 versus 100 in the US. Local companies such as Hanes Supply Inc, Vernon Home Center Inc, and Eaton-Smith Inc offer goods and services to residents of Vernon. These businesses allow the town to thrive and develop at a sustainable rate.
Vernon has an unemployment rate of 6.7%. The US average is 6.0%.
Vernon has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Vernon
- The Sales Tax Rate for Vernon is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Vernon 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 Vernon
- The average income of a Vernon resident is $41,399 a year. The US average is $37,638 a year.
- The Median household income of a Vernon resident is $79,850 a year. The US average is $69,021 a year.