Asharoken, NY Economy


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Asharoken, NY is a beautiful town located in Suffolk County on the North Shore of Long Island. The cost of living in Asharoken is generally more expensive than the US average, with a 2 bedroom rent costing $2,370 versus the national average of $1,430. In addition, the Grocery Cost Index is higher at 109 compared to the US's 100. Despite this, many people are attracted to Asharoken for its close proximity to New York City and its peaceful shoreline. Locally owned businesses in Asharoken include Mathers Pharmacy, Eileen’s Bake Shop, and Northport Hardware & Home Center.

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

Asharoken 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 Asharoken
- The Sales Tax Rate for Asharoken is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Asharoken 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 Asharoken
- The average income of a Asharoken resident is $93,951 a year. The US average is $28,555 a year.
- The Median household income of a Asharoken resident is $121,993 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsharoken, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $108,916$37,638
  $121,993$69,021
  $138,333$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  10.1%6.8%
  9.7%10.0%
  2.0%2.5%
  6.9%11.0%
  4.4%4.8%
  0.0%0.8%
  0.4%1.9%
  8.9%4.7%
  5.2%1.9%
  15.3%7.6%
  0.0%0.1%
  3.6%4.2%
  9.3%9.3%
  8.1%14.0%
  0.0%2.1%
  4.4%7.0%
  3.6%4.8%
  6.9%4.7%
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