Montgomery, NY County is a great place to live and work for those who are looking for an affordable yet comfortable lifestyle. It is located in Orange County, New York and has a population of about 9,327 people. The average two bedroom rent here is $890, which is much lower than the US average of $1,430. Moreover, the Grocery Cost Index in Montgomery is 98 versus 100 in the US. This makes it easy to cover other costs such as transportation and utilities. In terms of businesses and industries in Montgomery there are several well-known companies such as Finger Lakes Beverage Center, Keyser Industries USA Inc., Good Earth Garden & Pet Supply Inc., Cottage Country Art Gallery LLC, and Big Guys BBQ. All these local businesses offer a variety of services that make Montgomery an attractive place to live.
Montgomery County has an unemployment rate of 7.8%. The US average is 6.0%.
Montgomery County has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery County
- The Sales Tax Rate for Montgomery County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery 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 Montgomery County
- The average income of a Montgomery County resident is $27,871 a year. The US average is $37,638 a year.
- The Median household income of a Montgomery County resident is $53,533 a year. The US average is $69,021 a year.