Nassau, NY Economy


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Nassau, New York is a great place to live and work. Its low 2 bedroom rent of $1,230 makes it an affordable option for those looking to move out of the expensive city. The cost of groceries in Nassau are also quite low when compared to the US overall, with an index score of 103 versus 100. There are plenty of local businesses and attractions that make living here enjoyable. Local restaurants like The Clubhouse Grill and Sand Bar & Grill offer excellent cuisine options while The Studio @ 12 is a popular art gallery in town. Nearby parks such as Wicks Park Beach and Oyster Bay Beach offer stunning views while Guggenheim Museum serves as a beautiful cultural anchor. All these amenities make Nassau, New York a great place to call home!

Nassau has an unemployment rate of 5.8%. The US average is 6.0%.

Nassau has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Nassau
- The Sales Tax Rate for Nassau is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Nassau 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 Nassau
- The average income of a Nassau resident is $32,624 a year. The US average is $28,555 a year.
- The Median household income of a Nassau resident is $83,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNassau, New YorkUnited States
  5.86
  -3.6%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $41,211$37,638
  $83,214$69,021
  $98,693$85,028
  Population by Occupation
  0.4%1.2%
  0.2%0.5%
  12.1%6.8%
  8.6%10.0%
  2.1%2.5%
  6.0%11.0%
  3.1%4.8%
  0.2%0.8%
  2.6%1.9%
  4.9%4.7%
  1.7%1.9%
  8.2%7.6%
  0.2%0.1%
  5.1%4.2%
  11.6%9.3%
  9.8%14.0%
  1.2%2.1%
  4.3%7.0%
  7.6%4.8%
  10.0%4.7%
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