Zip 12420 (Cragsmoor, NY) Economy


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United States / New York / Kingston Metro Area / Ulster County / No City / Cragsmoor (zip 12420)
12420 Cragsmoor, NY is a small town located in Ulster County. The cost of living in this area is slightly higher than the US average, with 2 bedroom rent costing $1,520 compared to the US average of $1,430. The Grocery Cost Index (GCI) in 12420 Cragsmoor is 104 versus 100 in the US.
If you're looking for a rental in 12420 Cragsmoor, there are several companies that can help. All Seasons Realty Group and Country House Realty are local firms that specialize in rentals and property management services. They offer guidance on finding rental homes and apartments in the area as well as providing advice on negotiating contracts. They also provide information on local amenities such as schools and recreational facilities.
The Cost of Living Index (COLI) for 12420 Cragsmoor is 96.5 which means the area's general cost of living is 3.5% lower than the national average. This makes it an attractive option for those looking to live in a rural setting without sacrificing quality of life or affordability.

Cragsmoor (zip 12420) has an unemployment rate of 6.2%. The US average is 6.0%.

Cragsmoor (zip 12420) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Cragsmoor (zip 12420)
- The Sales Tax Rate for Cragsmoor (zip 12420) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cragsmoor (zip 12420) 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 Cragsmoor (zip 12420)
- The average income of a Cragsmoor (zip 12420) resident is $36,307 a year. The US average is $28,555 a year.
- The Median household income of a Cragsmoor (zip 12420) resident is $105,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCragsmoor, New YorkUnited States
  6.26
  -6.0%-6.2%
  26.5%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,477$37,638
  $105,857$69,021
  $88,088$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  23.6%11.0%
  10.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  4.8%1.9%
  10.6%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  51.0%4.7%
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