Jackson, NY Economy


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Jackson, NY is a great place to live for many reasons. One of the biggest draws for potential residents is the cost of living, which is significantly lower than the rest of the United States. The average two bedroom rent in Jackson is only $1,020 compared to the national average of $1,430 - a savings of over 25%. Additionally, groceries are less expensive in Jackson with an index score of 101 versus 100 nationally. There are also plenty of employment opportunities in and around Jackson, including local companies like New York State Office of Parks and Recreation, Wegman’s Supermarket, The Tops Friendly Market, and Nationwide Insurance. With its affordable cost of living and plentiful job opportunities, it’s no wonder why so many people are choosing Jackson as their home.

Jackson has an unemployment rate of 6.4%. The US average is 6.0%.

Jackson has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Jackson
- The Sales Tax Rate for Jackson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson
- The average income of a Jackson resident is $36,944 a year. The US average is $37,638 a year.
- The Median household income of a Jackson resident is $69,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Jackson
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If you enjoy a rich mix of people, cultures, and restaurants, you'll love Jackson Heights. It's accessible by many subway lines, lots of buses, and connects with the  More

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