Zip 06390 (Fishers Island, NY) Economy


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Fishers Island, NY (zip code 06390) is a small island situated off the coast of Connecticut. The average 2 bedroom rent price on the island is $2,290, which is significantly higher than the national average of $1,430 for a 2 bedroom rental property. Grocery prices on Fishers Island are also higher than the national average with a grocery cost index of 117. Other costs of living in Fishers Island include utility bills such as electricity, water, and gas; phone bills; internet service providers; and car insurance coverage. There are several local companies that serve the community including Jim’s Marine Supplies, Fishers Islands Farmers Coop Association Inc., and Crabbys Seafood Delivery & Takeout. In addition to rent and groceries, residents should consider transportation costs when budgeting to live on the island given its remote location.

Fishers Island (zip 06390) has an unemployment rate of 6.1%. The US average is 6.0%.

Fishers Island (zip 06390) 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 Fishers Island (zip 06390)
- The Sales Tax Rate for Fishers Island (zip 06390) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Fishers Island (zip 06390) 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 Fishers Island (zip 06390)
- The average income of a Fishers Island (zip 06390) resident is $77,582 a year. The US average is $28,555 a year.
- The Median household income of a Fishers Island (zip 06390) resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFishers Island, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $20,566$37,638
  $46,250$69,021
  $46,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  25.7%6.8%
  8.6%10.0%
  0.0%2.5%
  8.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  20.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  11.4%4.8%
  25.7%4.7%
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