Zip 12565 (Philmont, NY) Economy


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United States / New York / Hudson Metro Area / Columbia County / No City / Philmont (zip 12565)
Philmont, New York is a small village located in Columbia County. It has a population of approximately 1,290 people and features a variety of businesses such as P & W Automotive Services, Tom's Floor Covering Specialists, and Aron's Pharmacy. The 2 bedroom rent in Philmont is approximately $1,070 which is much less than the US average of $1,430. This makes it an attractive option for those looking to save money on housing costs. Additionally, the Grocery Cost Index in Philmont is 101 versus 100 in the US which indicates that groceries are slightly more expensive in Philmont than the national average. All in all, Philmont offers a significantly lower cost of living than many other places throughout the United States.

Philmont (zip 12565) has an unemployment rate of 5.3%. The US average is 6.0%.

Philmont (zip 12565) 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 Philmont (zip 12565)
- The Sales Tax Rate for Philmont (zip 12565) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philmont (zip 12565) 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 Philmont (zip 12565)
- The average income of a Philmont (zip 12565) resident is $27,285 a year. The US average is $28,555 a year.
- The Median household income of a Philmont (zip 12565) resident is $54,477 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhilmont, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,752$37,638
  $54,477$69,021
  $71,500$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  8.8%6.8%
  8.3%10.0%
  3.0%2.5%
  13.2%11.0%
  6.5%4.8%
  0.0%0.8%
  1.8%1.9%
  1.9%4.7%
  2.3%1.9%
  6.5%7.6%
  0.0%0.1%
  5.1%4.2%
  6.2%9.3%
  10.7%14.0%
  9.1%2.1%
  4.0%7.0%
  3.5%4.8%
  3.9%4.7%
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