Economy in Lake Grove, New York

Economy	Lake Grove, NY	United States
Unemployment Rate	7.00%	8.60%
Recent Job Growth	-1.47%	0.35%
Future Job Growth	30.06%	32.10%
Sales Taxes	8.63%	5.00%
Income Taxes	6.85%	4.70%
Income per Cap.	$34,570	$26,154
Household Income	$85,826	$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	2.70%	12.37%
Income between 15K and 25K	4.83%	10.53%
Income between 25K and 35K	5.41%	10.88%
Income between 35K and 50K	10.16%	15.37%
Income between 50K and 75K	17.11%	20.14%
Income between 75K and 100K	19.27%	12.41%
Income between 100K and 150K	22.02%	11.27%
Income between 150K and 250K	14.46%	5.01%
Income between 250K and 500K	3.78%	1.86%
Income greater than 500K	0.31%	0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	15.65%	14.04%
Professional and Related Occupations	22.52%	20.61%
Service	11.27%	14.45%
Sales and Office	31.09%	26.75%
Farming, Fishing, and Forestry	0.00%	0.70%
Construction, Extraction, and Maintenance	9.94%	9.42%
Production, Transportation, and Material Moving	9.55%	14.05%

The unemployment rate in Lake Grove, NY, is 7.00%, with job growth of -1.47%. Future job growth over the next ten years is predicted to be 30.06%.

Lake Grove, NY,sales tax rate is 8.63%. Income tax is 6.85%.

The income per capita is $34,570, which includes all adults and children. The median household income is $85,826.

Lake Grove Economy SperlingViews