Gilgo, NY Economy


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Gilgo, NY is a small town in the state of New York that offers residents an affordable lifestyle. The average rent for a two bedroom apartment is $2,610, which is considerably higher than the US average of $1,430. Grocery costs are also slightly higher in Gilgo with an index rating of 106 compared to 100 nationally. Local companies include Gilgo Deli and Grocery, Gilgo Hardware Store, and Utopia Garden Center. Residents can enjoy the best of small town living with access to outdoor activities and amenities from these local businesses.

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

Gilgo 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 Gilgo
- The Sales Tax Rate for Gilgo is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Gilgo 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 Gilgo
- The average income of a Gilgo resident is $73,411 a year. The US average is $28,555 a year.
- The Median household income of a Gilgo resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilgo, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $97,533$37,638
  $250,001$69,021
  $250,001$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  11.7%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  88.3%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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