Copake, NY Economy


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Copake, NY is a small town located in the southern part of Columbia County that is known for its breathtaking views of the Catskills and beautiful serene landscapes. The cost of living in Copake is lower than the average cost of living in the US with a 2 bedroom rent at $1,130 compared to $1,430 nationally. Additionally, the grocery cost index in Copake is also low at 105 compared to 100 in the US. Local businesses include: Hazel & Thyme Farm Market Cafe which offers delicious local produce and homemade goods; Rivertown Lodge which provides cozy accommodations and stunning views; and C&M Construction & Remodeling who provide excellent craftsmanship services for home renovation projects.

Copake has an unemployment rate of 5.3%. The US average is 6.0%.

Copake 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 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Copake
- The Sales Tax Rate for Copake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Copake 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 Copake
- The average income of a Copake resident is $34,323 a year. The US average is $28,555 a year.
- The Median household income of a Copake resident is $103,681 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCopake, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $60,452$37,638
  $103,681$69,021
  $135,724$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  7.7%6.8%
  22.3%10.0%
  2.0%2.5%
  3.7%11.0%
  0.0%4.8%
  0.0%0.8%
  2.8%1.9%
  4.3%4.7%
  0.4%1.9%
  6.1%7.6%
  0.6%0.1%
  6.3%4.2%
  11.2%9.3%
  10.6%14.0%
  1.0%2.1%
  3.1%7.0%
  9.9%4.8%
  5.3%4.7%
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