Walworth, NY is a small town located in upstate New York. It offers a quaint, rural atmosphere with many local businesses, including Walworth Diner, Walworth Hardware, and Lakeview Farms. When it comes to the cost of living in Walworth, NY, it is quite affordable compared to the US. The 2 bedroom rent in Walworth is $1,060 compared to $1,430 nationwide. Additionally, groceries in Walworth are slightly cheaper than the national average as evidenced by its grocery cost index being 101 versus 100 nation-wide. All of these factors make Walworth an attractive option for those looking for a picturesque community with an affordable cost of living.
Walworth has an unemployment rate of 6.2%. The US average is 6.0%.
Walworth has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Walworth
- The Sales Tax Rate for Walworth is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Walworth 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 Walworth
- The average income of a Walworth resident is $31,126 a year. The US average is $28,555 a year.
- The Median household income of a Walworth resident is $86,754 a year. The US average is $69,021 a year.