Great River, NY Economy


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Great River, NY is a small town with a great sense of community. It is located on the south shore of Long Island Sound, and it's close proximity to New York City makes it an ideal location for those who want to enjoy the city life while still having access to beautiful beaches. The 2 Bedroom Rent in Great River, NY is $2,490 which is significantly higher than the US average of $1,430. There are many local businesses in Great River, including restaurants like Big Apple Bagel Cafe & Deli and Gino's Italian Steakhouse; grocery stores such as ShopRite; banks like M&T Bank; and fitness centers such as Penney Lanes Bowling Alley. The cost of living in Great River is high due to its proximity to New York City, with Grocery Cost Index being 108 versus 100 in the US. Despite this high cost of living, there are plenty of amenities for residents to enjoy so they can make the most out of their time here.

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

Great River 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 Great River
- The Sales Tax Rate for Great River is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Great River 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 Great River
- The average income of a Great River resident is $45,441 a year. The US average is $28,555 a year.
- The Median household income of a Great River resident is $135,893 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreat River, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $68,859$37,638
  $135,893$69,021
  $174,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.1%6.8%
  1.9%10.0%
  0.6%2.5%
  3.6%11.0%
  5.8%4.8%
  0.6%0.8%
  1.2%1.9%
  11.3%4.7%
  1.4%1.9%
  8.9%7.6%
  0.0%0.1%
  2.1%4.2%
  24.7%9.3%
  18.8%14.0%
  0.0%2.1%
  6.1%7.0%
  2.3%4.8%
  5.5%4.7%
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