Economy in Lake Grove, New York

Economy

Economy	Lake Grove, NY	United States
Unemployment Rate	7.50%	9.10%
Recent Job Growth	-0.74%	-0.12%
Future Job Growth	31.02%	31.25%
Sales Taxes	8.63%	6.80%
Income Taxes	6.85%	6.25%
Income per Cap.	$39,094	$27,067
Household Income	$94,389	$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K	2.49%	12.10%
Income between 15K and 25K	4.09%	10.18%
Income between 25K and 35K	4.25%	10.56%
Income between 35K and 50K	9.37%	14.98%
Income between 50K and 75K	15.15%	19.53%
Income between 75K and 100K	18.92%	12.52%
Income between 100K and 150K	22.08%	12.14%
Income between 150K and 250K	14.70%	3.91%
Income between 250K and 500K	7.51%	3.34%
Income greater than 500K	1.46%	0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations	15.83%	13.81%
Professional and Related Occupations	24.75%	22.68%
Service	11.52%	14.51%
Sales and Office	30.70%	25.22%
Farming, Fishing, and Forestry	0.00%	0.68%
Construction, Extraction, and Maintenance	9.30%	9.37%
Production, Transportation, and Material Moving	12.33%	15.86%

The unemployment rate in Lake Grove, NY, is 7.50%, with job growth of -0.74%. Future job growth over the next ten years is predicted to be 31.02%.

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

The income per capita is $39,094, which includes all adults and children. The median household income is $94,389.

Lake Grove Economy SperlingViews