Vestal, NY is a beautiful city located in the Southern Tier of New York. It has a thriving business community featuring major employers such as IBM, BAE Systems, Raymour & Flanigan Furniture & Mattress Store, and Allergan Pharmaceuticals. Vestal offers a wide variety of activities for residents of all ages to enjoy. The city also features numerous parks and trails that provide breathtaking views of the surrounding mountains. Additionally, Vestal provides an affordable cost of living; 2 bedroom rents in Vestal are $1,110 compared to the US average of $1,430 and the grocery cost index in Vestal is 99 compared to 100 in the US. These factors make Vestal a great place to live for families on a budget or those looking for an affordable housing option. With so much to offer in terms of job opportunities and recreational activities, it's easy to see why Vestal is a great place to call home.
Vestal has an unemployment rate of 5.2%. The US average is 6.0%.
Vestal 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 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Vestal
- The Sales Tax Rate for Vestal is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Vestal 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 Vestal
- The average income of a Vestal resident is $26,422 a year. The US average is $28,555 a year.
- The Median household income of a Vestal resident is $70,123 a year. The US average is $69,021 a year.