Bay Park, NY is known for its great living experience and affordable rent. With a 2 Bedroom Rent of only $2,440, many people are choosing this area to call home. Not only is it affordable, but the cost of living is also quite reasonable with a Grocery Cost Index of 107 compared to 100 in the US. There are many businesses located in Bay Park such as Macy’s Department Store, Home Depot, Walgreens Pharmacy and Dunkin Donuts. Furthermore, locals can find plenty to do and see in the neighborhood with attractions like Jones Beach State Park, Theodore Roosevelt Memorial Nature Center and Nickerson Beach County Park. With its great location and reasonable cost of living Bay Park has become an increasingly popular place to live.
Bay Park has an unemployment rate of 5.9%. The US average is 6.0%.
Bay Park 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 Bay Park
- The Sales Tax Rate for Bay Park is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Bay Park 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 Bay Park
- The average income of a Bay Park resident is $49,885 a year. The US average is $28,555 a year.
- The Median household income of a Bay Park resident is $67,109 a year. The US average is $69,021 a year.