Cost of Living in Country Knolls, NY

Population 5,587 · New York · Data vintage 2023

118
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Country Knolls sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 0.7% — below most comparable cities in the state.

Located 15 miles north of Albany, Country Knolls falls within that metro's commuting orbit. Median home values run roughly 61% higher than Albany's $223,000.

Cost Overview

Housing 118

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Country Knolls

The median home value in Country Knolls is $359,700 — 18% above the national median of $305,000. The median household income of $131,813/year is 77% higher than the US median of $74,580. The local unemployment rate is 0.7%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 59.4°F and lows of 39.4°F, with about 59.2" of annual snowfall. Overall, Country Knolls has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.

🏠 Housing

Median Home Value
$359,700
18% above avg
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 97.5%
Renter-occupied 2.5%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
77.3%
Carpooled
5.7%
Public transit
0.3%
Walked
0.7%
Work from home
15.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$131,813
77% above avg
Per Capita Income
$57,577
Unemployment Rate
0.7%
85% below avg
Poverty Rate
1.4%
Labor Force Participation
65.0%

🎓 Education

Bachelor's degree+ 27.5%
Graduate degree 28.2%

👥 Demographics

Median Age 45
Male median age 43.1
Female median age 45.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
39.4°F
Annual Precip
40.7"
Annual Snowfall
59.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333645597179848274624938
Low °F 161826374857626153413223
Precip" 2.602.283.093.113.414.054.553.763.733.852.993.26
Snow" 15.613.712.01.60.10.00.00.00.00.32.613.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
96.4%
Good air days/yr
122
Max AQI recorded
0
PM2.5 days
365
Ozone days

Frequently Asked Questions

What is the cost of living in Country Knolls, NY?

Country Knolls has a cost index of 118 (100 = national average). It is 18% above the national average.

What is the average home price in Country Knolls?

The median home value in Country Knolls is $359,700 according to 2023 Census ACS data.

What is the median income in Country Knolls?

The median household income in Country Knolls is $131,813 per year (2023 ACS 5-year estimates).

What is the sales tax in Country Knolls, NY?

The combined state and local sales tax rate in Country Knolls is 8.5%. The New York state income tax top rate is 10.9%.

Is Country Knolls, NY affordable?

Country Knolls is above average in cost of living, with an index of 118 — about 18% higher than the national average.

What is the weather like in Country Knolls?

Country Knolls has average high temperatures of 59.4°F and average lows of 39.4°F. Annual precipitation is 40.7". Average annual snowfall is 59.2". Data from NOAA 1991–2020 Climate Normals.