Herricks, NY Economy


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Herricks, NY is a great place to live and work. Located in Nassau County, it has a high quality of life and plenty of activities for residents to enjoy. The rent for two bedroom apartments is slightly higher than the national average at $2,500 but grocery costs are lower than the US index at 111 versus 100. This makes Herricks an affordable place to live. There are many local businesses in Herricks such as Home Depot, Trader Joe's, ShopRite, Stop & Shop supermarkets, Walgreens pharmacy, Dollar Tree store and more. With its many options for residents to shop and eat locally, Herricks is a great place to call home.

Herricks has an unemployment rate of 5.9%. The US average is 6.0%.

Herricks 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 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Herricks
- The Sales Tax Rate for Herricks is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Herricks 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 Herricks
- The average income of a Herricks resident is $45,985 a year. The US average is $28,555 a year.
- The Median household income of a Herricks resident is $170,078 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerricks, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $60,623$37,638
  $170,078$69,021
  $181,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.3%6.8%
  6.0%10.0%
  5.3%2.5%
  11.7%11.0%
  2.2%4.8%
  1.5%0.8%
  4.2%1.9%
  7.6%4.7%
  1.5%1.9%
  11.6%7.6%
  0.0%0.1%
  2.5%4.2%
  6.4%9.3%
  20.5%14.0%
  0.5%2.1%
  2.9%7.0%
  4.7%4.8%
  7.8%4.7%
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