Cost of Living in Glens Falls North, NY

Population 9,148 · New York · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Glens Falls North is a smaller New York community of around 9000 residents, where median household incomes of $82,835 and housing costs ($265,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Glens Falls North is about 45 miles north of Albany, the nearest large metro. Median home values run roughly 19% higher than Albany's $223,000.

Cost Overview

Housing 87
Rent 95

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

About the Cost of Living in Glens Falls North

The median home value in Glens Falls North is $265,100 — 13% below the national median of $305,000. Median rent runs $1,245/month, 5% lower than the national median of $1,314/month. The median household income of $82,835/year is 11% higher than the US median of $74,580. The local unemployment rate is 4.6%, 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 56.9°F and lows of 34.5°F. Overall, Glens Falls North has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$265,100
13% below avg
Zillow Home Value
$132,535
Zillow ZHVI
Median Rent
$1,245/mo
5% below avg
Price-to-Rent Ratio
17.7x
Favors buying
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 65.3%
Renter-occupied 34.7%

💰 Estimated Monthly Budget

Rent median rent
$1,245
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,859/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 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
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.7%

Commute Mode

Drove alone
82.2%
Carpooled
7.5%
Walked
0.6%
Work from home
9.7%

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
$82,835
11% above avg
Per Capita Income
$55,878
Unemployment Rate
4.6%
4% below avg
Poverty Rate
7.9%
Labor Force Participation
61.4%

🎓 Education

Bachelor's degree+ 23.0%
Graduate degree 19.4%

👥 Demographics

Median Age 48.5
Male median age 47.5
Female median age 50

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
34.5°F
Annual Precip
38.2"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303343576977828072594735
Low °F 101121334453585648372818
Precip" 2.561.952.793.103.353.724.263.483.303.683.013.01

Frequently Asked Questions

What is the cost of living in Glens Falls North, NY?

Glens Falls North has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Glens Falls North, NY?

The median gross rent in Glens Falls North is $1,245 per month based on 2023 Census data.

What is the average home price in Glens Falls North?

The median home value in Glens Falls North is $265,100 according to Zillow and Census data.

What is the median income in Glens Falls North?

The median household income in Glens Falls North is $82,835 per year (2023 ACS 5-year estimates).

What is the sales tax in Glens Falls North, NY?

The combined state and local sales tax rate in Glens Falls North is 8.5%. The New York state income tax top rate is 10.9%.

Is Glens Falls North, NY affordable?

Glens Falls North is near the national average in terms of cost of living, with an index of 90 (100 = US average).

What is the weather like in Glens Falls North?

Glens Falls North has average high temperatures of 56.9°F and average lows of 34.5°F. Annual precipitation is 38.2". Data from NOAA 1991–2020 Climate Normals.

Glens Falls North at a Glance

Population
9,148
Median Income
$82,835
Home Value
$265,100
Median Rent
$1,245/mo
Unemployment
4.6%
Avg High Temp
56.9°F
Sales Tax
8.5%
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