Zip 12110 (Latham, NY) Economy


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12110 Latham, NY is a great place to call home. With an average 2 bedroom rent of $1,550, it is still a bit more expensive than the US average of $1,430. However, the cost of groceries in 12110 Latham is 105 compared with the US index of 100. This makes it quite affordable to live in the area. There are many local companies that exist in 12110 Latham that provide a wide range of services from grocery stores like Price Chopper and Hannaford to restaurants like The Standard and Yono's Pino Bianco. These companies make it possible for residents to find everything they need without having to travel far.

Latham (zip 12110) has an unemployment rate of 5.7%. The US average is 6.0%.

Latham (zip 12110) has seen the job market increase by 0.5% 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 Latham (zip 12110)
- The Sales Tax Rate for Latham (zip 12110) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Latham (zip 12110) 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 Latham (zip 12110)
- The average income of a Latham (zip 12110) resident is $33,237 a year. The US average is $28,555 a year.
- The Median household income of a Latham (zip 12110) resident is $93,533 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLatham, New YorkUnited States
  5.76
  -3.6%-6.2%
  26.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $41,433$37,638
  $93,533$69,021
  $110,571$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  3.4%6.8%
  5.8%10.0%
  1.1%2.5%
  10.8%11.0%
  3.4%4.8%
  0.5%0.8%
  2.4%1.9%
  6.6%4.7%
  1.8%1.9%
  11.9%7.6%
  0.0%0.1%
  1.7%4.2%
  9.1%9.3%
  12.9%14.0%
  2.1%2.1%
  6.8%7.0%
  6.0%4.8%
  12.9%4.7%
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