Zip 12009 (Altamont, NY) Economy


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Altamont, NY is a small town located in Albany County with a population of 1,009. This cozy little community offers affordable living as the 2 bedroom rent is $1,430, which is the same as the US average. Furthermore, grocery costs are slightly higher with an index of 105 when compared to the US average of 100.
Local companies include Altamont Building Supply, Jeffrey's True Value Hardware Store and Drakes Restaurant & Pub. In addition, local attractions include John Boyd Thacher State Park for camping or picnicking with stunning views of the Helderberg Escarpment or visit Indian Ladder Farms for family fun filled day at their farm store and playground.

Altamont (zip 12009) has an unemployment rate of 4.1%. The US average is 6.0%.

Altamont (zip 12009) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Altamont (zip 12009)
- The Sales Tax Rate for Altamont (zip 12009) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Altamont (zip 12009) 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 Altamont (zip 12009)
- The average income of a Altamont (zip 12009) resident is $39,204 a year. The US average is $28,555 a year.
- The Median household income of a Altamont (zip 12009) resident is $100,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAltamont, New YorkUnited States
  4.16
  -3.6%-6.2%
  26.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $54,178$37,638
  $100,000$69,021
  $117,080$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.8%6.8%
  5.5%10.0%
  1.1%2.5%
  9.2%11.0%
  2.5%4.8%
  0.6%0.8%
  2.3%1.9%
  6.8%4.7%
  0.9%1.9%
  12.6%7.6%
  0.0%0.1%
  0.9%4.2%
  14.5%9.3%
  16.1%14.0%
  1.6%2.1%
  3.8%7.0%
  3.5%4.8%
  11.1%4.7%
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