Zip 12517 (Copake Falls, NY) Economy


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United States / New York / Hudson Metro Area / Columbia County / No City / Copake Falls (zip 12517)
12517 Copake Falls, NY is a wonderful place to live. With a population of 882 people, it offers tranquility as well as plenty of outdoor activities. The cost of living here is quite low, with the average rent for a two-bedroom apartment being only $1,110 compared to the US average of $1,430. Furthermore, grocery costs are also much lower in this area with the index being 105 versus 100 in the US overall. Local businesses around Copake Falls include The Inn at Copake Lake and Copake General Store, offering visitors and locals alike quality hospitality and goods. Additionally, there is an abundance of art galleries and museums providing entertainment for everyone who visits. Ultimately, 12517 Copake Falls is an excellent place to visit or take up residence due to its affordability and natural beauty.

Copake Falls (zip 12517) has an unemployment rate of 5.3%. The US average is 6.0%.

Copake Falls (zip 12517) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Copake Falls (zip 12517)
- The Sales Tax Rate for Copake Falls (zip 12517) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Copake Falls (zip 12517) 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 Copake Falls (zip 12517)
- The average income of a Copake Falls (zip 12517) resident is $30,968 a year. The US average is $28,555 a year.
- The Median household income of a Copake Falls (zip 12517) resident is $89,457 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCopake Falls, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $43,878$37,638
  $89,457$69,021
  $135,333$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  15.2%6.8%
  25.4%10.0%
  4.6%2.5%
  3.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.6%4.2%
  4.6%9.3%
  21.3%14.0%
  0.0%2.1%
  0.0%7.0%
  10.2%4.8%
  7.6%4.7%
Health