Noyack, NY Economy


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Noyack, NY is a small city in Suffolk County on the eastern part of Long Island. It has a population of about 7,000 people and is known for its beautiful views of Peconic Bay. Its economy is largely based on tourism, as the area is known for its numerous beaches and marinas. Some local businesses include Red Horse Market, a grocery store that offers organic produce and imported specialties; The Noyack Bait & Tackle Shop, which specializes in fishing supplies; and Noyack Antiques, a store that sells antique furniture and decor. Additionally, rent prices for two-bedroom apartments in Noyack are fairly high at $2,790—significantly higher than the US average of $1,430. Grocery costs are also higher than the national average with an index score of 120 versus 100 in the US.

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

Noyack 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 Noyack
- The Sales Tax Rate for Noyack is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Noyack 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 Noyack
- The average income of a Noyack resident is $48,854 a year. The US average is $28,555 a year.
- The Median household income of a Noyack resident is $94,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNoyack, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $51,647$37,638
  $94,464$69,021
  $93,801$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  9.3%6.8%
  4.2%10.0%
  1.1%2.5%
  3.0%11.0%
  0.0%4.8%
  0.0%0.8%
  1.0%1.9%
  6.0%4.7%
  4.8%1.9%
  11.2%7.6%
  0.0%0.1%
  8.8%4.2%
  18.1%9.3%
  11.1%14.0%
  1.1%2.1%
  11.6%7.0%
  3.6%4.8%
  1.9%4.7%
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