Malverne, NY is a great place to live for those looking to enjoy suburban living. With a grocery cost index of 108, it's slightly more expensive than the US average of 100. This may be off-set by the lower 2 Bedroom rent of $2,320 which is significantly less than the US rent average of $1,430. Local popular businesses in Malverne include Calvary Temple Assembly Of God Church and Malverne Cinema & Art Center. For grocery and convenience stores there's King Kullen Supermarket and 7-Eleven. There's also Pacific Shoe Repair & Leather Goods for shoe repairs and alterations. Other local businesses include B & M Auto Body Inc., Malverne Florist and De Luxe Pizza Restaurant & Lounge.
Malverne has an unemployment rate of 5.9%. The US average is 6.0%.
Malverne 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Malverne
- The Sales Tax Rate for Malverne is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Malverne 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 Malverne
- The average income of a Malverne resident is $63,201 a year. The US average is $37,638 a year.
- The Median household income of a Malverne resident is $139,915 a year. The US average is $69,021 a year.