Amherst, NY is a thriving city located in Western New York. It is an area of diverse culture and a great place to live. Residents enjoy a wide variety of amenities including shopping, restaurants and entertainment venues. 2 bedroom rent in Amherst is quite reasonable at $1,370 compared to the national average of $1,430. Furthermore, the Grocery Cost Index in Amherst is 104 versus the US average of 100. Popular local companies include Tops Friendly Market, Target and Wegman’s Food Markets. There are also many unique businesses like Lockport Locksmith Service & Security Solutions, which provide specialized services to the community. Furthermore, for those looking for educational opportunities there are two state universities located nearby – University at Buffalo and State University of New York at Buffalo.
Amherst has an unemployment rate of 5.1%. The US average is 6.0%.
Amherst has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Amherst
- The Sales Tax Rate for Amherst is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Amherst 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 Amherst
- The average income of a Amherst resident is $36,817 a year. The US average is $28,555 a year.
- The Median household income of a Amherst resident is $80,744 a year. The US average is $69,021 a year.