11976 Water Mill, NY is an idyllic destination located in the heart of Long Island. With 2 bedroom rent averaging $3,350, living in this quaint hamlet is not cheap. However, for all that it offers, it's worth every penny. Grocery cost index in the area is 128 compared to 100 in the US, but there are options to get around this with local companies such as Gourmet Fresh Market and Miller Place Deli offering discounted items on occasion. Additionally, for those looking for a more luxurious shopping experience, Sag Harbor Village Shops has all of the latest trends at reasonable prices. The area also features a variety of restaurants and cafes such as Stirling Books & Brew Coffeehouse and La Fondita Mexican Restaurant. All in all, 11976 Water Mill provides a unique mix of city life and rural charm that anyone can enjoy.
Water Mill (zip 11976) has an unemployment rate of 6.1%. The US average is 6.0%.
Water Mill (zip 11976) 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 Water Mill (zip 11976)
- The Sales Tax Rate for Water Mill (zip 11976) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Water Mill (zip 11976) 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 Water Mill (zip 11976)
- The average income of a Water Mill (zip 11976) resident is $76,584 a year. The US average is $28,555 a year.
- The Median household income of a Water Mill (zip 11976) resident is $161,442 a year. The US average is $69,021 a year.