Barnum Island, NY is a small suburban town located on Long Island in Nassau County. The average rent for a two bedroom apartment in Barnum Island is $2,230, which is higher than the US average of $1,430. The cost of groceries index here is 107 versus the national average of 100. Popular local companies include Schmitt's Bakery and Café, which supplies fresh baked goods to over 20 locations throughout the region; Barnum Island Shopping Mall, an upscale mall that offers shopping and dining options for all ages; and J&R Window Cleaning Services, a family-run business that provides high quality window cleaning services to residents and businesses.
Barnum Island has an unemployment rate of 5.9%. The US average is 6.0%.
Barnum Island 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Barnum Island
- The Sales Tax Rate for Barnum Island is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Barnum Island 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 Barnum Island
- The average income of a Barnum Island resident is $39,635 a year. The US average is $28,555 a year.
- The Median household income of a Barnum Island resident is $101,767 a year. The US average is $69,021 a year.