Zip 12866 (Saratoga Springs, NY) Economy


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Saratoga Springs, New York is an enchanting city located in upstate New York. Residents of Saratoga Springs enjoy a median 2-bedroom rental price of $1,770, slightly higher than the national average of $1,430. Additionally, the grocery cost index in Saratoga Springs is 108 compared to 100 nationally. Saratoga Springs is full of exciting things to do and see like the Canfield Casino and Congress Park. Outdoor enthusiasts can explore Saratoga Spa State Park or Saratoga National Historical Park. For shopping and dining options there's Broadway where visitors will find boutique stores and unique restaurants like Mrs. London's Bakery & Café. The city also offers a vibrant nightlife with popular local bars and clubs such as Putnam Place and The Parting Glass Pub. Overall, Saratoga Springs is an exciting city with plenty to offer!

Saratoga Springs (zip 12866) has an unemployment rate of 5.0%. The US average is 6.0%.

Saratoga Springs (zip 12866) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Saratoga Springs (zip 12866)
- The Sales Tax Rate for Saratoga Springs (zip 12866) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saratoga Springs (zip 12866) 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 Saratoga Springs (zip 12866)
- The average income of a Saratoga Springs (zip 12866) resident is $39,306 a year. The US average is $28,555 a year.
- The Median household income of a Saratoga Springs (zip 12866) resident is $91,935 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaratoga Springs, New YorkUnited States
  56
  -3.6%-6.2%
  26.6%33.5%
  7.0%6.2%
  6.2%4.6%
  $52,882$37,638
  $91,935$69,021
  $126,046$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  4.6%6.8%
  10.1%10.0%
  1.8%2.5%
  7.6%11.0%
  1.8%4.8%
  0.8%0.8%
  0.9%1.9%
  5.0%4.7%
  1.3%1.9%
  9.4%7.6%
  0.0%0.1%
  1.6%4.2%
  17.4%9.3%
  14.4%14.0%
  3.7%2.1%
  8.4%7.0%
  4.3%4.8%
  5.8%4.7%
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