Tonawanda, NY is a great place to live with an affordable cost of living. The 2 bedroom rent in Tonawanda is $1,000 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Tonawanda is 100, which is equal to the US average. This means that groceries are reasonably priced and easily accessible for residents.
Tonawanda provides plenty of opportunities for employment, with local companies such as General Motors Powertrain Tonawanda Engine Plant and Niagara Bottling Company located within city limits. There are also many nearby stores where residents can shop and purchase goods such as Target and Walmart. Furthermore, Tonawanda is home to a variety of restaurants including Olive Garden and Texas Roadhouse. All in all, Tonawanda offers a range of amenities that make it a great place to live at an affordable price!
Tonawanda (zip 14223) has an unemployment rate of 7.2%. The US average is 6.0%.
Tonawanda (zip 14223) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Tonawanda (zip 14223)
- The Sales Tax Rate for Tonawanda (zip 14223) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Tonawanda (zip 14223) 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 Tonawanda (zip 14223)
- The average income of a Tonawanda (zip 14223) resident is $39,727 a year. The US average is $37,638 a year.
- The Median household income of a Tonawanda (zip 14223) resident is $72,939 a year. The US average is $69,021 a year.