Deposit, NY is a small town nestled in the Catskill Mountains of upstate New York. It is known for its beautiful scenery and picturesque views. The town has a population of around 1,000 people and is becoming increasingly popular for those looking to move away from the hustle and bustle of the city. Rent for two bedrooms in Deposit, NY is $930 which is significantly lower than the US 2 bedroom rent average of $1,430, making it an attractive option for potential renters. Also, the grocery cost index in Deposit, NY is 98 versus 100 in the US making groceries more affordable here as well. Local companies include Gray's Lumber & Hardware Store, The Village Barbershop, and Sue's Grill & Pizzeria.
Deposit town (Delaware County) has an unemployment rate of 6.5%. The US average is 6.0%.
Deposit town (Delaware County) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Deposit town (Delaware County)
- The Sales Tax Rate for Deposit town (Delaware County) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Deposit town (Delaware County) 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 Deposit town (Delaware County)
- The average income of a Deposit town (Delaware County) resident is $22,435 a year. The US average is $28,555 a year.
- The Median household income of a Deposit town (Delaware County) resident is $32,250 a year. The US average is $69,021 a year.