The small town of Spencertown, NY (population 12165) offers a lower cost of living than the US overall. Rent for a two bedroom apartment is $1,130 compared to the national average of $1,430. Grocery costs are also lower in Spencertown - the grocery cost index is 104 versus 100 in the US. Local shops in the area include The Chatham Bookstore, Chase Bank, and Uptown Pizza and Subs. These local businesses provide great amenities for residents while maintaining an affordable cost of living environment.
Spencertown (zip 12165) has an unemployment rate of 5.3%. The US average is 6.0%.
Spencertown (zip 12165) has seen the job market decrease by -5.5% 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 Spencertown (zip 12165)
- The Sales Tax Rate for Spencertown (zip 12165) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Spencertown (zip 12165) 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 Spencertown (zip 12165)
- The average income of a Spencertown (zip 12165) resident is $40,538 a year. The US average is $37,638 a year.
- The Median household income of a Spencertown (zip 12165) resident is $0 a year. The US average is $69,021 a year.