Zip 12198 (Wynantskill, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
12198 Wynantskill, NY is a great place to live due to its affordable rent and low cost of living. The average 2 bedroom rent in 12198 Wynantskill is $1,090 compared to the US average of $1,430. This makes it much more affordable for families or individuals who are looking for a comfortable place to stay. Additionally, the Grocery Cost Index in 12198 Wynantskill is 103 versus the US index of 100, meaning groceries are slightly cheaper than the national average. It is also conveniently located near several local shops and businesses such as Rymal’s Auto & Marine Service, Home Depot and Applebee’s. Residents can take advantage of these stores for all their shopping needs while staying within budget.

Wynantskill (zip 12198) has an unemployment rate of 5.8%. The US average is 6.0%.

Wynantskill (zip 12198) 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 Wynantskill (zip 12198)
- The Sales Tax Rate for Wynantskill (zip 12198) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wynantskill (zip 12198) 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 Wynantskill (zip 12198)
- The average income of a Wynantskill (zip 12198) resident is $34,886 a year. The US average is $28,555 a year.
- The Median household income of a Wynantskill (zip 12198) resident is $87,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWynantskill, New YorkUnited States
  5.86
  -3.6%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $41,127$37,638
  $87,114$69,021
  $104,886$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  7.4%10.0%
  2.4%2.5%
  11.5%11.0%
  4.2%4.8%
  1.5%0.8%
  0.5%1.9%
  4.7%4.7%
  0.9%1.9%
  7.5%7.6%
  0.3%0.1%
  1.6%4.2%
  9.0%9.3%
  16.8%14.0%
  1.2%2.1%
  1.9%7.0%
  5.0%4.8%
  11.2%4.7%
Health