Verona, NY is a charming city located in the heart of Oneida County. This small town is home to many local businesses such as Verona Wine & Spirits, Central New York Sausage Co., and Abbey Cleaners. Despite its small size, Verona is known for its affordable cost of living. Renting a two-bedroom apartment in Verona will cost an average of $990 compared to the US average of $1,430. Additionally, the grocery cost index in the city is 98 compared to 100 in the US. Overall, Verona offers its residents peace and quiet at an affordable price.
Verona has an unemployment rate of 6.7%. The US average is 6.0%.
Verona has seen the job market decrease by -0.3% 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 Verona
- The Sales Tax Rate for Verona is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Verona 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 Verona
- The average income of a Verona resident is $24,335 a year. The US average is $28,555 a year.
- The Median household income of a Verona resident is $67,455 a year. The US average is $69,021 a year.