Fire Island, NY Economy


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Fire Island, NY is a small island located off the coast of New York. It is known for its beautiful beaches and relaxed atmosphere. The cost of living in Fire Island is higher than the US average due to the limited number of local services available. For example, 2 bedroom rent in Fire Island costs $2,170 while the US average for similar rentals is $1,430. Additionally, grocery costs are 6% higher than the national average with an index of 106 versus 100.
Local businesses that provide services include Fire Island Taxi & Tours which offers transportation and sightseeing tours throughout the area as well as Captain Joe's Fishing Charters which provides chartered fishing trips in Fire Island's waters. There are also several restaurants such as Trattoria Basilico and Ocean Beach Deli & Bakery where visitors can enjoy delicious meals.

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

Fire Island has seen the job market decrease by -6.6% 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 Fire Island
- The Sales Tax Rate for Fire Island is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Fire Island 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 Fire Island
- The average income of a Fire Island resident is $46,665 a year. The US average is $37,638 a year.
- The Median household income of a Fire Island resident is $96,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFire Island, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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