Westmere, NY is a vibrant community located just outside of Albany. It offers its residents many amenities, including parks, schools, and restaurants. The cost of living in Westmere is slightly higher than the U.S. average, but the city offers affordable rental costs compared to larger cities like New York City. The average two-bedroom rent in Westmere is $1,490 while the U.S. two-bedroom rent average is $1,430. Additionally, the Grocery Cost Index in Westmere is 104 versus 100 nationally, making it an affordable place to live for those who want to save on groceries. Notable local companies include FK Mueller Inc., a food distributor based out of Westmere; Taconic Builders Inc., offering construction services throughout Albany; and Capstone Landscaping & Irrigation Design LLC., providing landscaping and irrigation design services for residential and commercial clients across Albany County.
Westmere has an unemployment rate of 5.7%. The US average is 6.0%.
Westmere 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 Westmere
- The Sales Tax Rate for Westmere is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Westmere 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 Westmere
- The average income of a Westmere resident is $41,163 a year. The US average is $28,555 a year.
- The Median household income of a Westmere resident is $74,070 a year. The US average is $69,021 a year.