Hampton Bays, NY Economy


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Hampton Bays, NY is a beautiful town in the Suffolk County of Long Island. It has a lot to offer to both residents and visitors, such as picturesque beaches, local restaurants, shopping centers and many other attractions. The cost of living is relatively high compared to the US average, with 2 Bedroom Rent being $2,250 versus $1,430 in the US. Grocery costs are also significantly higher here with a Grocery Cost Index of 108 compared to 100 in the US. Popular local companies include Hampton Bays Seafood Market & Grill which serves fresh seafood dishes and Bay Burger which serves delicious burgers right by the beach. Popular attractions nearby include Shinnecock East County Park which offers excellent outdoor activities such as fishing, boating and picnicking and Rogers Mansion which provides insight into early American history through its exhibits. Visitors can also explore the nearby Tiana Beach or take a walk along Shinnecock Canal for stunning views of nature.

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

Hampton Bays 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 Hampton Bays
- The Sales Tax Rate for Hampton Bays is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Hampton Bays 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 Hampton Bays
- The average income of a Hampton Bays resident is $51,955 a year. The US average is $37,638 a year.
- The Median household income of a Hampton Bays resident is $103,513 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHampton Bays, 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%
Reviews for Hampton Bays
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Over 16 years ago

I have lived in Hampton Bays for the past 30 years. I moved out to the island from Queens, NY as a teen with my family. Hampton Bays is a small town in Southampton  More

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It is 39 degrees at 11:07 am on Sunday  More

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