Zip 12168 (Stephentown, NY) Economy


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12168 Stephentown, NY is a small rural community with a population of 1,329. Rent for a two-bedroom apartment in the area averages $1,140 which is significantly lower than the national average of $1,430. Additionally, food prices in 12168 Stephentown are slightly higher than the national average according to the Grocery Cost Index which is 102 versus 100 nationally. People living here can benefit from local businesses such as Countryside Farm & Greenhouse for fresh produce and plants and Maple View Dairy Barn for farm-to-table meats and groceries. For an enjoyable outdoor activity, individuals can visit Stephentown Historical Society which offers classes on topics such as blacksmithing and spinning wool.

Stephentown (zip 12168) has an unemployment rate of 5.8%. The US average is 6.0%.

Stephentown (zip 12168) 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 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Stephentown (zip 12168)
- The Sales Tax Rate for Stephentown (zip 12168) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Stephentown (zip 12168) 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 Stephentown (zip 12168)
- The average income of a Stephentown (zip 12168) resident is $29,326 a year. The US average is $28,555 a year.
- The Median household income of a Stephentown (zip 12168) resident is $77,946 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStephentown, New YorkUnited States
  5.86
  -3.6%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $44,129$37,638
  $77,946$69,021
  $98,214$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  12.9%6.8%
  13.2%10.0%
  0.9%2.5%
  8.7%11.0%
  0.0%4.8%
  1.2%0.8%
  0.0%1.9%
  3.5%4.7%
  2.2%1.9%
  4.6%7.6%
  0.0%0.1%
  3.3%4.2%
  8.3%9.3%
  21.8%14.0%
  2.7%2.1%
  9.0%7.0%
  3.5%4.8%
  2.9%4.7%
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