Islandia, NY Economy


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\nIslandia, NY is a great place to live with an affordable cost of living. The average two bedroom rent in Islandia is $2,410 whereas the US average is only $1,430. Additionally, groceries are relatively expensive in Islandia with a grocery cost index of 105 compared to the national average of 100. The area boasts plenty of attractions and entertainment for residents and visitors alike. Popular local companies include Tropical Transport LLC and CRF Electrical Contractors Inc. Visitors can experience some delicious cuisine at top-rated restaurants such as Uncle Joe's Pizzeria & Italian Restaurant or La Rustica Ristorante & Bar. Other notable landmarks in Islandia include the Long Island Museum of Science and Technology and the Smith Haven Mall shopping center.

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

Islandia 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 Islandia
- The Sales Tax Rate for Islandia is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Islandia 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 Islandia
- The average income of a Islandia resident is $33,501 a year. The US average is $28,555 a year.
- The Median household income of a Islandia resident is $100,771 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIslandia, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $38,759$37,638
  $100,771$69,021
  $101,410$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.5%6.8%
  15.5%10.0%
  1.6%2.5%
  17.8%11.0%
  4.4%4.8%
  3.1%0.8%
  2.7%1.9%
  3.6%4.7%
  2.7%1.9%
  7.2%7.6%
  0.5%0.1%
  1.4%4.2%
  4.4%9.3%
  16.5%14.0%
  0.7%2.1%
  5.2%7.0%
  5.2%4.8%
  4.9%4.7%
Reviews for Islandia
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Over 1 years ago

I've lived here for 18 years and love it here . Quiet but not boring and only a train ride to  More

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