Bayville, NY is a small town on the north shore of Long Island. It features a bustling downtown area with restaurants, shops, and businesses that make up its unique culture. The cost of living is higher than the national average due to high rent prices and grocery costs. The average two bedroom apartment rent in Bayville is $2,090 compared to the US average of $1,430. Additionally, groceries cost index for Bayville is 108 versus 100 for the US. Local businesses include Doreen's Candy Store, Hegeman's Hardware Store, and Anderson's Market Place which provide residents with essential goods and services at competitive rates. Despite this higher cost of living, Bayville offers an idyllic atmosphere with beautiful beaches and charming homes making it a desirable place to live.
Bayville has an unemployment rate of 5.9%. The US average is 6.0%.
Bayville 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 Bayville
- The Sales Tax Rate for Bayville is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Bayville 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 Bayville
- The average income of a Bayville resident is $45,113 a year. The US average is $28,555 a year.
- The Median household income of a Bayville resident is $119,760 a year. The US average is $69,021 a year.