Gloversville, NY Metro Area is a great place to live. It has many amenities for its residents and the cost of living is very reasonable. The average two bedroom rent is $960 which is significantly lower than the US average of $1,430. Grocery costs are also relatively low with Gloversville having an index score of 99 compared to 100 in the US. There are many local companies in Gloversville that provide goods and services such as Bob’s Auto Repair, The Gloversville Bakery, Antiques & Collectables, and The Elbow Room Bar & Grill. Gloversville is also home to Fulton Montgomery Community College, offering educational opportunities to residents across the area.
Gloversville Metro Area has an unemployment rate of 7.6%. The US average is 6.0%.
Gloversville Metro Area has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Gloversville Metro Area
- The Sales Tax Rate for Gloversville Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gloversville Metro Area 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 Gloversville Metro Area
- The average income of a Gloversville Metro Area resident is $30,539 a year. The US average is $37,638 a year.
- The Median household income of a Gloversville Metro Area resident is $55,240 a year. The US average is $69,021 a year.