Executive Financial Report: Felts Mills (13638)
Evaluating relocation options in Jefferson? The financial benchmark for residing in Felts Mills, NY (13638) indicates that a single worker needs roughly $3,090 monthly ($37,083.244 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $691 per month—just 22% of baseline expenses—Felts Mills offers exceptionally competitive housing costs compared to wider metropolitan averages across New York.
Local earnings in Felts Mills (13638) demonstrate strong purchasing power. The area median family income of $64,187 significantly exceeds the annual baseline living threshold ($37,083.244) by a ratio of 1.73x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $246 per month in Felts Mills. Direct tax liabilities consume an estimated $502 monthly (16% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Felts Mills (13638) presents a distinct economic profile within Jefferson. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.