Zip 12022 (Berlin, NY) Economy


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Berlin, NY is a small town located in Rensselaer County with an estimated population of 1,120. The town has several local businesses including a farm supply store, pet shop, and auto repair shop. The 2 bedroom rent in Berlin is $1,160 compared to the US average of $1,430. Groceries also tend to be cheaper as the Grocery Cost Index for Berlin is 99 versus 100 in the US. Overall, Berlin offers a low cost of living when compared to other areas as all goods and services are priced much lower than other towns and cities in the area.

Berlin (zip 12022) has an unemployment rate of 5.8%. The US average is 6.0%.

Berlin (zip 12022) 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 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Berlin (zip 12022)
- The Sales Tax Rate for Berlin (zip 12022) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Berlin (zip 12022) 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 Berlin (zip 12022)
- The average income of a Berlin (zip 12022) resident is $28,421 a year. The US average is $28,555 a year.
- The Median household income of a Berlin (zip 12022) resident is $84,722 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerlin, New YorkUnited States
  5.86
  -3.6%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,718$37,638
  $84,722$69,021
  $101,029$85,028
  Population by Occupation
  2.5%1.2%
  3.0%0.5%
  5.1%6.8%
  23.9%10.0%
  1.9%2.5%
  4.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  0.6%1.9%
  8.0%7.6%
  0.0%0.1%
  3.4%4.2%
  8.7%9.3%
  15.2%14.0%
  0.0%2.1%
  9.7%7.0%
  2.5%4.8%
  8.7%4.7%
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