12047 Cohoes, NY is a vibrant city located in Albany County. It is home to many local businesses such as Upstate Rubbish Removal, Spring Street Market, and Coffee Planet. The cost of living here is relatively affordable with the average 2 bedroom rent costing $1,220. This is lower than the national average which stands at $1,430. Groceries are also more affordable in Cohoes as the grocery cost index stands at 103 versus 100 in the US.
Apart from the affordability factor, residents of 12047 Cohoes can also enjoy a range of amenities including an array of parks and recreational facilities such as Buhrmaster Farm Preserve and Riverfront Park. There are also fitness centers like Madison Gymnastics & Fitness Club and Spinning Room Fitness Studio for those looking to stay active. Shopping enthusiasts will be pleased to find several malls and outlets within walking distance too.
Cohoes (zip 12047) has an unemployment rate of 5.7%. The US average is 6.0%.
Cohoes (zip 12047) 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 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Cohoes (zip 12047)
- The Sales Tax Rate for Cohoes (zip 12047) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cohoes (zip 12047) 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 Cohoes (zip 12047)
- The average income of a Cohoes (zip 12047) resident is $28,390 a year. The US average is $28,555 a year.
- The Median household income of a Cohoes (zip 12047) resident is $65,147 a year. The US average is $69,021 a year.