Greenvale, NY Economy


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Greenvale, NY is a small town located in Long Island. Despite its small size, it is packed with amenities that make it attractive to potential residents. The 2 bedroom rent in the area is $2,410, which is about 67% higher than the national average of $1,430. Additionally, grocery costs are 12% higher than the US average at a Grocery Cost Index of 112 versus 100 in the US. This makes Greenvale more expensive than most cities across the country. Despite this, locals can take comfort knowing there are plenty of job opportunities both in town and nearby. Popular employers include Greenvale Corporate Park and Huntington Hospital for those seeking employment opportunities; while local stores such as Paramount Coffee Co., The Waterfront Cafe, and The Red Door Tavern offer excellent dining experiences. Overall, Greenvale provides an unforgettable living experience with plenty of amenities for residents to enjoy.

Greenvale has an unemployment rate of 5.9%. The US average is 6.0%.

Greenvale 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 Greenvale
- The Sales Tax Rate for Greenvale is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Greenvale 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 Greenvale
- The average income of a Greenvale resident is $46,173 a year. The US average is $28,555 a year.
- The Median household income of a Greenvale resident is $138,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenvale, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $61,928$37,638
  $138,542$69,021
  $181,146$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  3.8%10.0%
  2.6%2.5%
  3.1%11.0%
  6.5%4.8%
  0.0%0.8%
  0.0%1.9%
  3.1%4.7%
  4.1%1.9%
  24.6%7.6%
  4.5%0.1%
  0.0%4.2%
  19.4%9.3%
  17.7%14.0%
  3.6%2.1%
  0.0%7.0%
  2.6%4.8%
  4.3%4.7%
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