Westerlo, NY is a small town located in Albany County. It has a population of 1,964 people and boasts many attractive features such as its quaint downtown area and access to nearby recreational activities. The average 2 bedroom rent in Westerlo is $1,300, which is more affordable than the US average of $1,430. In addition to housing costs, grocery stores in Westerlo have a higher cost index than most places in the US at 102 compared to 100 nationwide. Local companies in Westerlo include P&G Woodworking Inc., Confetti Kids Party Place Inc., and Country Gardens Florist. Overall, Westerlo offers residents an attractive cost of living with reasonable housing costs along with other basic goods that are slightly higher than other areas in the country.
Westerlo has an unemployment rate of 5.7%. The US average is 6.0%.
Westerlo 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 Westerlo
- The Sales Tax Rate for Westerlo is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Westerlo 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 Westerlo
- The average income of a Westerlo resident is $35,257 a year. The US average is $28,555 a year.
- The Median household income of a Westerlo resident is $85,144 a year. The US average is $69,021 a year.