Cortland, NY is a small town located in the heart of New York State. It is home to many local businesses and attractions such as the Cortland Repertory Theater, which produces professional theatre productions throughout the year. Additionally, there are numerous restaurants, cafes, and stores in the area providing delicious cuisines and tasty beverages for its residents. The cost of living here is also quite affordable with rent being lower than the national average at $1,290 per month for a two bedroom apartment. And grocery costs are even lower with an index score of 99 compared to 100 nationally. Overall it's an ideal place to live with plenty to do and explore.
Cortland has an unemployment rate of 6.9%. The US average is 6.0%.
Cortland has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Cortland
- The Sales Tax Rate for Cortland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cortland 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 Cortland
- The average income of a Cortland resident is $18,807 a year. The US average is $28,555 a year.
- The Median household income of a Cortland resident is $50,697 a year. The US average is $69,021 a year.