Newburgh, NY is an attractive city located on the Hudson River in upstate New York. It offers a unique blend of suburban living and urban amenities. The rental prices for two bedroom apartments are slightly higher than the national average at $1,480 per month. This is offset by lower grocery costs due to the local index of 103 as compared to the US benchmark of 100. Newburgh is home to many local businesses such as Mayor's Waterfront Restaurant, La Frontera Restaurante, and Skate Time 209 Roller Rink which provide an array of services to local residents and visitors alike.
Newburgh has an unemployment rate of 8.6%. The US average is 6.0%.
Newburgh has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Newburgh
- The Sales Tax Rate for Newburgh is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Newburgh 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 Newburgh
- The average income of a Newburgh resident is $16,114 a year. The US average is $28,555 a year.
- The Median household income of a Newburgh resident is $47,952 a year. The US average is $69,021 a year.