Blue Point, NY Economy


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Blue Point, NY is a small city located in the state of New York. It boasts beautiful beaches and an array of recreational activities for its residents to enjoy. Moreover, Blue Point has a relatively high rental cost for two-bedroom apartments at $2,230 per month compared to the national average of $1,430. Additionally, groceries in Blue Point are 6% higher than regular US prices. Although living in this city can be expensive, there are still plenty of great local businesses to take advantage of such as Rich’s Deli Market which specializes in freshly made food and baked goods; Central Seafood Company offering fresh seafood from local fishermen; and The Home Depot for quality home improvement supplies.

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

Blue Point 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 Blue Point
- The Sales Tax Rate for Blue Point is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Blue Point 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 Blue Point
- The average income of a Blue Point resident is $40,787 a year. The US average is $28,555 a year.
- The Median household income of a Blue Point resident is $105,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlue Point, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $49,696$37,638
  $105,000$69,021
  $144,943$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.9%6.8%
  2.1%10.0%
  5.6%2.5%
  4.7%11.0%
  3.5%4.8%
  0.4%0.8%
  0.9%1.9%
  3.2%4.7%
  5.6%1.9%
  4.3%7.6%
  0.0%0.1%
  6.4%4.2%
  25.9%9.3%
  13.0%14.0%
  0.9%2.1%
  2.5%7.0%
  6.0%4.8%
  9.7%4.7%
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