Shelter Island Heights, NY Economy


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Shelter Island Heights, NY is a small community located on an island in the Peconic Bay. It offers a peaceful and quiet environment for its residents to enjoy. The 2-bedroom rent in Shelter Island Heights is significantly higher than the US average at $2,440, and grocery cost index is also higher than the US average at 115. Popular attractions include Crescent Beach, which provides excellent views of the bay; Mashomack Preserve, which is home to over 250 species of birds; and North Ferry Service which provides ferry rides connecting Shelter Island to Greenport. There are also plenty of local businesses such as restaurants, art galleries, and boutiques that offer unique experiences to visitors while supporting the local economy. In conclusion, Shelter Island Heights offers a relaxed yet luxurious living experience with its high rental prices and vibrant local culture.

Shelter Island Heights has an unemployment rate of 6.1%. The US average is 6.0%.

Shelter Island Heights 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 Shelter Island Heights
- The Sales Tax Rate for Shelter Island Heights is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Shelter Island Heights 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 Shelter Island Heights
- The average income of a Shelter Island Heights resident is $55,259 a year. The US average is $28,555 a year.
- The Median household income of a Shelter Island Heights resident is $74,075 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelter Island Heights, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $58,480$37,638
  $74,075$69,021
  $132,292$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  11.8%1.9%
  0.0%4.7%
  10.5%1.9%
  0.0%7.6%
  0.0%0.1%
  7.6%4.2%
  2.7%9.3%
  17.6%14.0%
  25.0%2.1%
  0.0%7.0%
  12.5%4.8%
  12.3%4.7%
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