Zip 12189 (Watervliet, NY) Economy


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12189 Watervliet, NY is a great place to live for those looking for a cozy and affordable environment. The 2 bedroom rent in this area is $1,160 compared to the US average of $1,430 making it more cost effective. In addition, the Grocery Cost Index is 102 versus 100 in the US which is favorable for those looking to save money on food. Local businesses such as Watervliet Market, Al's Pizza & Subs, and Motto's Family Restaurant have been a key part of the community for years. These small businesses provide jobs and goods to the people of 12189 Watervliet creating economic stability that positively impacts everyone living in the area. These local companies are vital to keeping 12189 Watervliet thriving and creating lasting memories there for all who call it home.

Watervliet (zip 12189) has an unemployment rate of 5.7%. The US average is 6.0%.

Watervliet (zip 12189) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Watervliet (zip 12189)
- The Sales Tax Rate for Watervliet (zip 12189) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watervliet (zip 12189) 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 Watervliet (zip 12189)
- The average income of a Watervliet (zip 12189) resident is $36,122 a year. The US average is $37,638 a year.
- The Median household income of a Watervliet (zip 12189) resident is $53,443 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatervliet, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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