Herkimer, NY County is a great place to live for those looking for an affordable lifestyle. The two bedroom rent in Herkimer is $960, which is much lower than the US average of $1,430. In addition, grocery costs are lower in Herkimer with an index score of 99 versus the US average of 100. This makes it more economical to live in Herkimer than anywhere else in the US. There are also many great local companies within Herkimer county such as Valley Physical Therapy and Sports Rehabilitation, Valley 4x4 Auto Parts & Repair, and Chief John Sheppard Monument Company that offer a variety of services for residents. These businesses provide quality goods and services at reasonable prices, making living in Herkimer more attractive. All of these factors combined make Herkimer an ideal place to live and work.
Herkimer County has an unemployment rate of 8.3%. The US average is 6.0%.
Herkimer County has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Herkimer County
- The Sales Tax Rate for Herkimer County is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Herkimer County is 6.5%. The US average is 4.6%.
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Income and Salaries for Herkimer County
- The average income of a Herkimer County resident is $30,791 a year. The US average is $37,638 a year.
- The Median household income of a Herkimer County resident is $60,561 a year. The US average is $69,021 a year.