Long Beach, NY Economy


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Long Beach, NY is a popular beach town located on Long Island. It has a variety of attractions and activities that attract people from all over the world. The city is home to many businesses including the Long Beach Hotel & Suites, Long Beach Boardwalk, Edelman's Bagel Bakery and Belmont Racetrack. Rent for two-bedroom apartments in the area is higher than the US average at $2,660 per month. Furthermore, grocery cost index in Long Beach is 109 versus 100 in the US which suggests that groceries are more expensive than what most people might expect. Overall, Long Beach provides a unique experience for those looking for an exciting beach town feel with its own special attractions and amenities.

Long Beach has an unemployment rate of 5.1%. The US average is 6.0%.

Long Beach 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 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Long Beach
- The Sales Tax Rate for Long Beach is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Long Beach 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 Long Beach
- The average income of a Long Beach resident is $45,749 a year. The US average is $28,555 a year.
- The Median household income of a Long Beach resident is $115,525 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLong Beach, New YorkUnited States
  5.16
  -6.6%-6.2%
  29.7%33.5%
  8.3%6.2%
  6.2%4.6%
  $58,000$37,638
  $115,525$69,021
  $134,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.3%6.8%
  2.4%10.0%
  3.0%2.5%
  6.1%11.0%
  4.4%4.8%
  0.5%0.8%
  2.5%1.9%
  7.7%4.7%
  2.9%1.9%
  10.8%7.6%
  0.0%0.1%
  3.2%4.2%
  19.2%9.3%
  14.7%14.0%
  3.4%2.1%
  4.1%7.0%
  2.1%4.8%
  5.8%4.7%
Reviews for Long Beach
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Over 17 years ago

Long Beach is one of two cities located on Long Island, New York. It is on a barrier island on the south shore of Long Island.We enjoy this calm fun location while at  More

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I moved here from CA 6 years ago and love it here. It is a barrier island which is a part of Long Island off the Atlantic coast, so it is all beach coastline with a  More

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