12550 Newburgh, NY is a great place to live. The average two bedroom rent in the area is $1,440, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in 12550 Newburgh, NY is 103 versus 100 in the US. This makes it an affordable place for people looking to move or relocate.
For those looking to live in 12550 Newburgh, NY there are many local companies offering employment opportunities such as Shoprite Supermarkets LLC and Stewart International Airport. Other local companies include Hudson Valley Federal Credit Union, St. Luke's Cornwall Hospital and Access Physical Therapy & Wellness. With so many job options and affordability of living expenses in this area, 12550 Newburgh, NY has become an attractive option for people looking for a home or career change.
Newburgh (zip 12550) has an unemployment rate of 8.6%. The US average is 6.0%.
Newburgh (zip 12550) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Newburgh (zip 12550)
- The Sales Tax Rate for Newburgh (zip 12550) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Newburgh (zip 12550) 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 Newburgh (zip 12550)
- The average income of a Newburgh (zip 12550) resident is $25,289 a year. The US average is $28,555 a year.
- The Median household income of a Newburgh (zip 12550) resident is $69,671 a year. The US average is $69,021 a year.