Watervliet, NY is a vibrant city with much to offer. The cost of living is slightly lower than the national average, with two bedroom rent in Watervliet being $1,220 compared to the US average of $1,430. Grocery Cost Index in Watervliet is also lower than the US average, coming in at 102 versus 100. This makes it an attractive place to live for those looking for a more affordable lifestyle.
The city offers plenty in terms of entertainment, dining and shopping options. There are several local companies such as Exit 9 Wine & Liquor Warehouse, Honan's Pharmacy and Watervliet Pizza that provide excellent services and products. Those looking for recreational activities can easily take advantage of the various parks such as Collins Park or visit the Albany Capital Center for concerts and events. With its low cost of living and variety of amenities, Watervliet is an excellent destination for those seeking a comfortable lifestyle.
Watervliet has an unemployment rate of 5.7%. The US average is 6.0%.
Watervliet has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Watervliet
- The Sales Tax Rate for Watervliet is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watervliet 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 Watervliet
- The average income of a Watervliet resident is $25,043 a year. The US average is $28,555 a year.
- The Median household income of a Watervliet resident is $46,205 a year. The US average is $69,021 a year.