Washington, NY is a small town located in the Northeastern United States. It has a population of approximately 10,000 people. The community offers housing options that are reasonably priced; for example, the average rent for a two-bedroom apartment is approximately $1,500 - less than the US average of around $1430. Additionally, Washington is known to have relatively lower costs when it comes to groceries as compared to the US median with an index of 107 compared to 100.
The local economy in Washington benefits from its thriving agricultural industry as well as small businesses such as The Corner Store and Delicatessen and Joe’s Auto Repair Shop. Furthermore, Washington's close proximity to New York City provides commuters with an easy access point into the city which contributes to the local economy in many ways.
In conclusion, Washington provides its residents with an affordable cost of living and many economic opportunities. The combination of these factors make Washington an attractive place to live for both those who are seeking a peaceful lifestyle or commuting into one of the largest cities in the world.
Washington has an unemployment rate of 5.8%. The US average is 6.0%.
Washington has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $44,494 a year. The US average is $28,555 a year.
- The Median household income of a Washington resident is $95,036 a year. The US average is $69,021 a year.