Syracuse, NY Metro Area is an attractive place to live for many people looking for affordable housing. The area has a 2 bedroom rent that is approximately $320 less than the US average. Additionally, the cost of living index in Syracuse, NY Metro Area is 99 compared to the national average of 100, making it a great value option for those looking to save money while still living comfortably. There are a number of excellent local businesses that call Syracuse home, such as Wegmans Food Markets and Anaren Microwave Inc., providing exciting employment opportunities as well as products and services that benefit the community. All in all, Syracuse is an excellent place to live for those seeking affordability and opportunity.
Syracuse Metro Area has an unemployment rate of 6.6%. The US average is 6.0%.
Syracuse Metro Area has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Syracuse Metro Area
- The Sales Tax Rate for Syracuse Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Syracuse 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 Syracuse Metro Area
- The average income of a Syracuse Metro Area resident is $27,741 a year. The US average is $28,555 a year.
- The Median household income of a Syracuse Metro Area resident is $65,112 a year. The US average is $69,021 a year.