Lido Beach, NY is a popular beach town on the south shore of Long Island. With its pristine beaches and picturesque coastline, it's easy to see why so many people flock to this charming community every summer. The 2 bedroom rent in the area is around $2,660 while the US average is $1,430, making it one of the pricier locations to live. The Grocery Cost Index in Lido Beach is 109 versus 100 in the US, meaning groceries tend to cost more here than elsewhere. Local companies such as Lido Beach Surf Store and Smith Bros Seafood Restaurant are just a few of the popular businesses locals love.
Lido Beach has an unemployment rate of 5.9%. The US average is 6.0%.
Lido Beach 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 Lido Beach
- The Sales Tax Rate for Lido Beach is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Lido Beach 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 Lido Beach
- The average income of a Lido Beach resident is $75,586 a year. The US average is $28,555 a year.
- The Median household income of a Lido Beach resident is $170,000 a year. The US average is $69,021 a year.