The cost of living in 14891 Watkins Glen, NY is quite reasonable. A two bedroom rental costs $900 per month, which is much more affordable than the national average of $1,430. Groceries are even cheaper in this area; the Grocery Cost Index is 98 compared to 100 across the US. This makes it an ideal location for both families and individuals looking to save money on living expenses.
The area features many local businesses such as Watkins Glen Animal Hospital, Tiki Resort & Marina, Seneca Harbor Station, and The French Quarter Bakery. Housing isn't the only factor when it comes to cost of living; other relevant variables include transportation costs (gas prices), utility bills (electricity and water), internet access fees, entertainment (movies and concerts), taxes (both state and local) as well as health care costs. All of these should be taken into consideration when estimating your total cost of living in 14891 Watkins Glen, NY.
Watkins Glen (zip 14891) has an unemployment rate of 7.4%. The US average is 6.0%.
Watkins Glen (zip 14891) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Watkins Glen (zip 14891)
- The Sales Tax Rate for Watkins Glen (zip 14891) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watkins Glen (zip 14891) 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 Watkins Glen (zip 14891)
- The average income of a Watkins Glen (zip 14891) resident is $32,529 a year. The US average is $37,638 a year.
- The Median household income of a Watkins Glen (zip 14891) resident is $52,663 a year. The US average is $69,021 a year.