Cold Spring Harbor, NY is a picturesque seaside village located on the North Shore of Long Island. It offers an idyllic atmosphere with beaches, parks and historic sites, making it an attractive destination for those looking to escape from city life. Despite its seclusion, it boasts several local businesses such as Cold Spring Harbor Fish Hatchery & Aquarium, Sweetbriar Nature Center, and Harbor Market. The cost of living in Cold Spring Harbor is higher than the US average with 2 bedroom rent at $3,430 compared to $1,430 nationally and a Grocery Cost Index of 113 versus 100 in the US. Despite this however, it remains a desirable community with many amenities that draw visitors from all over.
Cold Spring Harbor has an unemployment rate of 6.1%. The US average is 6.0%.
Cold Spring Harbor has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Cold Spring Harbor
- The Sales Tax Rate for Cold Spring Harbor is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Cold Spring Harbor 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 Cold Spring Harbor
- The average income of a Cold Spring Harbor resident is $73,461 a year. The US average is $28,555 a year.
- The Median household income of a Cold Spring Harbor resident is $250,001 a year. The US average is $69,021 a year.