Zip 12964 (New Russia, NY) Economy


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United States / New York / No Metro Area / Essex County / No City / New Russia (zip 12964)
\n12964 New Russia, NY is an up and coming small town with much to offer. Located in the Adirondack foothills, residents of 12964 enjoy easy access to nature and outdoor activities. With a 2 bedroom rent of $940, this town offers a great value for those looking for a place to call home. The Grocery Cost Index of 106 makes the cost of living relatively low compared to the US average making it a great place to live on a budget. 12964 offers several local businesses and attractions, such as E&B Meats & Deli, The Chateau Restaurant & Pub, and Sander's Dairy Bar. For outdoor recreation, residents can take advantage of nearby Lake Flower and Whiteface Mountain. There are also several events held throughout the year that are worth checking out!

New Russia (zip 12964) has an unemployment rate of 6.8%. The US average is 6.0%.

New Russia (zip 12964) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for New Russia (zip 12964)
- The Sales Tax Rate for New Russia (zip 12964) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for New Russia (zip 12964) 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 New Russia (zip 12964)
- The average income of a New Russia (zip 12964) resident is $44,726 a year. The US average is $28,555 a year.
- The Median household income of a New Russia (zip 12964) resident is $87,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Russia, New YorkUnited States
  6.86
  -6.2%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $46,752$37,638
  $87,188$69,021
Family Median Income 85028
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