Oakfield, NY is a small, rural town in upstate New York. The cost of living in Oakfield is quite low compared to the national average; two bedroom rent is approximately $930 per month compared to the US average of $1,430. In addition, the Grocery Cost Index is 98 versus 100 in the US. There are a number of local businesses and amenities in Oakfield that help make it a great place to live. Popular establishments include Coffee & Donuts, a beloved donut shop with delicious coffee and pastries; Main Street Pizza & Grill, which serves up an array of Italian favorites like lasagna and calzones; and Oakfield Pharmacy & Gifts for all your prescription and gift needs. Other amenities in Oakfield include several parks for outdoor recreation, a library for educational programs and events, and several churches for spiritual growth.
Oakfield town has an unemployment rate of 6.1%. The US average is 6.0%.
Oakfield town has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Oakfield town
- The Sales Tax Rate for Oakfield town is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Oakfield town 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 Oakfield town
- The average income of a Oakfield town resident is $28,493 a year. The US average is $37,638 a year.
- The Median household income of a Oakfield town resident is $58,214 a year. The US average is $69,021 a year.