Buchanan, NY is a small town located in Westchester County and it offers a peaceful and relaxed lifestyle for its residents. The average rent for a 2 bedroom apartment here is slightly higher than the national average of $1,430, coming in at $1,910. Additionally, the cost of groceries here is 7% higher than the US average, with an index score of 107. Despite the slightly higher costs associated with living in Buchanan, there are still plenty of great opportunities to be found. The community has several local businesses such as White Plains Chrysler Jeep Dodge Ram dealership and the Buchanan Commons Shopping Center made up of popular retailers like Walgreens Pharmacy, Rite Aid pharmacy and Big Lots.
Buchanan has an unemployment rate of 6.2%. The US average is 6.0%.
Buchanan has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Buchanan
- The Sales Tax Rate for Buchanan is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Buchanan 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 Buchanan
- The average income of a Buchanan resident is $52,928 a year. The US average is $28,555 a year.
- The Median household income of a Buchanan resident is $119,076 a year. The US average is $69,021 a year.