Bridgehampton, NY is a vibrant town located on the South Fork of Long Island. It is known for its upscale shopping, dining, and cultural scene. The 2 bedroom rent in Bridgehampton is $2,240 which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in Bridgehampton is 125 versus 100 in the US which indicates that groceries are more expensive in the area. There are many local companies that make up the fabric of Bridgehampton such as Bridgehampton National Bank and Bridgehampton Cheese & Biscuit Cafe. For visitors looking to explore all that this charming town has to offer there are plenty of attractions such as the hayground school farmers market, Mecox Bay Dairy Farmstand or the White Room Gallery.
Bridgehampton has an unemployment rate of 6.1%. The US average is 6.0%.
Bridgehampton 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 Bridgehampton
- The Sales Tax Rate for Bridgehampton is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Bridgehampton 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 Bridgehampton
- The average income of a Bridgehampton resident is $61,261 a year. The US average is $28,555 a year.
- The Median household income of a Bridgehampton resident is $147,813 a year. The US average is $69,021 a year.