Bay Shore, NY Economy


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Bay Shore, NY is a great place to live with plenty of local companies making it their home. With an average two bedroom rent being $2,140 compared to the US at $1,430, Bay Shore may be slightly more expensive for finding a place to call home. Additionally, grocery costs in Bay Shore are indexed at 105 compared to the US 100 index, making groceries a bit pricier for those in this area. Among prominent local businesses in Bay Shore are Great South Bay Brewery, Fire Island Ferries, and The Wild Side Cafe. All in all, Bay Shore offers some beautiful views along with a lively community and higher than average cost of living than other areas.

Bay Shore has an unemployment rate of 6.1%. The US average is 6.0%.

Bay Shore 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 Bay Shore
- The Sales Tax Rate for Bay Shore is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Bay Shore 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 Shore
- The average income of a Bay Shore resident is $28,714 a year. The US average is $28,555 a year.
- The Median household income of a Bay Shore resident is $97,783 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBay Shore, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $40,688$37,638
  $97,783$69,021
  $131,197$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  8.2%10.0%
  2.9%2.5%
  12.4%11.0%
  6.5%4.8%
  0.5%0.8%
  1.9%1.9%
  3.9%4.7%
  3.0%1.9%
  5.5%7.6%
  0.7%0.1%
  3.6%4.2%
  12.8%9.3%
  18.2%14.0%
  1.7%2.1%
  5.4%7.0%
  2.7%4.8%
  5.7%4.7%
Reviews for Bay Shore
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Over 10 years ago

Long Island is very expensive. Bay Shore is definitely one of the cheaper parts of the island, but it's still  More

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Over 12 years ago

Great community but saddled with taxes that are detracting from the quality of life here on Long  More

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I find the quality of life here in Bay Shore becoming more and more difficult. Due to the lack of convenient public transportation our population is forced to clog the  More

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