Broome, NY County is a great choice for those looking to save money on rent and groceries. The 2 Bedroom Rent in Broome County is $960, which is significantly cheaper than the US average of $1430. Additionally, the Grocery Cost Index in Broome County is 98 versus 100 in the US, meaning groceries are slightly cheaper than average. This makes Broome County an ideal place for budget-conscious individuals who don't want to sacrifice quality of life for affordability. \nThe county of Broome also has many great local businesses including Owego Hardware & Supply Co., Binghamton Auto Parts, and Universal Carpeting and Flooring. All these companies offer great service and top-notch products at competitive prices. Whether it's a new set of tools or a home renovation project, locals in Broome County can rest assured that they will find what they need at one of these trustworthy local businesses.
Broome County has an unemployment rate of 7.0%. The US average is 6.0%.
Broome County has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Broome County
- The Sales Tax Rate for Broome County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Broome 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 Broome County
- The average income of a Broome County resident is $24,820 a year. The US average is $28,555 a year.
- The Median household income of a Broome County resident is $53,982 a year. The US average is $69,021 a year.