Cutchogue, NY Economy


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Cutchogue, NY is a small town located in Suffolk County in the eastern part of the state. This quaint town offers a rural atmosphere for those looking to escape the hustle and bustle of city life. The cost of living in Cutchogue is higher than average, with 2 Bedroom Rent coming in at $2,090 compared to the US average of $1,430. Grocery Cost Index in Cutchogue is also higher than average at 111 compared to 100 in the US; however there are many local companies that help keep costs down. Some local businesses that residents can visit for groceries include Pennings Farm Market, Goodale's Fish Market, Peconic Bay Lobster Co., and Wickham's Fruit Farm.

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

Cutchogue 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 Cutchogue
- The Sales Tax Rate for Cutchogue is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Cutchogue 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 Cutchogue
- The average income of a Cutchogue resident is $42,743 a year. The US average is $28,555 a year.
- The Median household income of a Cutchogue resident is $106,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCutchogue, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $78,285$37,638
  $106,821$69,021
  $124,868$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  1.5%6.8%
  3.5%10.0%
  0.8%2.5%
  12.3%11.0%
  1.9%4.8%
  1.0%0.8%
  6.2%1.9%
  11.4%4.7%
  0.0%1.9%
  11.5%7.6%
  0.0%0.1%
  7.0%4.2%
  10.5%9.3%
  9.8%14.0%
  3.0%2.1%
  6.7%7.0%
  4.2%4.8%
  5.9%4.7%
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