Troy, NY 12180 is a great place to live with many benefits. With an average two bedroom rent of $1,290 per month, it is affordable for those on a budget. The Grocery Cost Index in Troy is also very reasonable compared to the rest of the US with an index of 101 versus 100. This makes it easier to afford groceries in Troy, NY. There are many companies that call Troy home such as Siemon Company, Pioneer Bank and Price Chopper Supermarkets. These companies offer excellent job opportunities and their presence helps make Troy an attractive place to live. In addition, there are several cultural attractions such as the Arts Center of the Capital Region and Burden Iron Works Museum which make living in Troy even more enjoyable.
Troy (zip 12180) has an unemployment rate of 7.2%. The US average is 6.0%.
Troy (zip 12180) 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 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 12180)
- The Sales Tax Rate for Troy (zip 12180) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 12180) 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 Troy (zip 12180)
- The average income of a Troy (zip 12180) resident is $26,615 a year. The US average is $28,555 a year.
- The Median household income of a Troy (zip 12180) resident is $61,595 a year. The US average is $69,021 a year.