Zip 12824 (Diamond Point, NY) Economy


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United States / New York / Glens Falls Metro Area / Warren County / No City / Diamond Point (zip 12824)
12824 Diamond Point, NY is an area with a relatively small population and a thriving economy. The 2 bedroom rent in this area is $1,120 which is significantly lower than the US average of $1,430. This makes it an attractive place for people looking for affordable living opportunities. Grocery costs are also reasonably low compared to other areas in the US with the Grocery Cost Index being 108 vs 100 in the US.
Diamond Point offers its residents access to a variety of amenities including shopping centers, restaurants, and recreational facilities. Popular local businesses in the area include Harter’s Supermarket, North Country Family Diner, and RBJ's Pizza & Pub. The estimated population for the ZIP code 12824 is 464 people although it fluctuates slightly throughout the year.

Diamond Point (zip 12824) has an unemployment rate of 7.1%. The US average is 6.0%.

Diamond Point (zip 12824) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Diamond Point (zip 12824)
- The Sales Tax Rate for Diamond Point (zip 12824) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Diamond Point (zip 12824) 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 Diamond Point (zip 12824)
- The average income of a Diamond Point (zip 12824) resident is $36,449 a year. The US average is $28,555 a year.
- The Median household income of a Diamond Point (zip 12824) resident is $94,861 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDiamond Point, New YorkUnited States
  7.16
  -4.7%-6.2%
  23.1%33.5%
  4.0%6.2%
  6.2%4.6%
  $59,446$37,638
  $94,861$69,021
  $116,129$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.2%6.8%
  5.4%10.0%
  1.1%2.5%
  11.7%11.0%
  1.7%4.8%
  0.0%0.8%
  0.0%1.9%
  3.2%4.7%
  2.2%1.9%
  10.4%7.6%
  0.0%0.1%
  2.6%4.2%
  8.2%9.3%
  11.7%14.0%
  4.8%2.1%
  21.7%7.0%
  5.0%4.8%
  3.2%4.7%
Health