Zip 12816 (Cambridge, NY) Economy


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United States / New York / Glens Falls Metro Area / Washington County / No City / Cambridge (zip 12816)
12816 Cambridge, NY is a great place to call home. This rural town is located in Washington County and offers a laid-back atmosphere with plenty of outdoor activities like hiking and fishing. The average two bedroom rental price in the area is $1,000 which is significantly lower than the US average of $1,430. Although the local grocery cost index of 101 is slightly higher than the US index of 100, residents can save money by shopping at local stores such as Cambridge Country Store and Northern Grocery or take advantage of delivery services like DoorDash or Instacart for easy ordering convenience.

Cambridge (zip 12816) has an unemployment rate of 6.4%. The US average is 6.0%.

Cambridge (zip 12816) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Cambridge (zip 12816)
- The Sales Tax Rate for Cambridge (zip 12816) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cambridge (zip 12816) 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 Cambridge (zip 12816)
- The average income of a Cambridge (zip 12816) resident is $35,420 a year. The US average is $37,638 a year.
- The Median household income of a Cambridge (zip 12816) resident is $63,739 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCambridge, 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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