12561 New Paltz, NY is a small town located in Ulster County, New York. It has a population of 8,631 people and an area of 3.7 square miles. The median 2 Bedroom rent in 12561 New Paltz is $1,730 compared to the US median of $1,430. Grocery Cost Index in this town is 107 versus 100 in the US which is relatively high due to its location and cost of goods. Local companies include Houlihan Lawrence Real Estate Inc., Mid Hudson Valley Federal Credit Union and Mohonk Mountain House. The cost of living in 12561 New Paltz is higher than many other cities within the United States as it has a higher housing cost than most cities with a similar population size and range, as well as groceries being more expensive than average US prices for similar items.
New Paltz (zip 12561) has an unemployment rate of 6.2%. The US average is 6.0%.
New Paltz (zip 12561) 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 New Paltz (zip 12561)
- The Sales Tax Rate for New Paltz (zip 12561) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for New Paltz (zip 12561) 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 New Paltz (zip 12561)
- The average income of a New Paltz (zip 12561) resident is $31,182 a year. The US average is $28,555 a year.
- The Median household income of a New Paltz (zip 12561) resident is $80,558 a year. The US average is $69,021 a year.