Manhasset Hills, NY Economy


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Manhasset Hills, NY is a charming town in Nassau County located on Long Island. It has many local companies such as Coldwell Banker, Douglas Elliman Real Estate, and Century 21 American Homes. Renting a 2 bedroom apartment in Manhasset Hills is significantly more expensive than the rest of the United States at $2,540 compared to $1,430. The Grocery Cost Index is also significantly higher coming in at 111 versus 100 in the US. Consequently, the cost of living in Manhasset Hills is higher than most places in the country.

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

Manhasset Hills 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 Manhasset Hills
- The Sales Tax Rate for Manhasset Hills is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Manhasset Hills 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 Manhasset Hills
- The average income of a Manhasset Hills resident is $48,316 a year. The US average is $28,555 a year.
- The Median household income of a Manhasset Hills resident is $173,210 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManhasset Hills, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $56,608$37,638
  $173,210$69,021
  $174,205$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  7.5%10.0%
  7.5%2.5%
  8.0%11.0%
  3.0%4.8%
  0.5%0.8%
  2.8%1.9%
  11.2%4.7%
  3.6%1.9%
  7.6%7.6%
  0.0%0.1%
  3.0%4.2%
  13.3%9.3%
  18.5%14.0%
  0.0%2.1%
  2.3%7.0%
  3.5%4.8%
  4.7%4.7%
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