North Massapequa, NY Economy


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North Massapequa, NY is a great place to live for those looking for affordability and convenience. The average two bedroom rent in the area is only $2,690, which is $1,430 cheaper than the US average. This makes the area an attractive living option with a great balance of value for money. Additionally, grocery price index in the area is 7% higher than the US average at 107 versus 100. This means that while there are few places to shop in North Massapequa due to its smaller size compared to larger cities, local businesses have maintained their competitive edge. Some notable companies in North Massapequa include Miller's Ale House and Papa John's Pizza. Additionally, national companies such as Starbucks and Dunkin' Donuts are also present in the area for added convenience.

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

North Massapequa 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 North Massapequa
- The Sales Tax Rate for North Massapequa is 8.6%. The US average is 7.3%.
- The Income Tax Rate for North Massapequa 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 North Massapequa
- The average income of a North Massapequa resident is $38,370 a year. The US average is $28,555 a year.
- The Median household income of a North Massapequa resident is $124,322 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Massapequa, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $50,781$37,638
  $124,322$69,021
  $142,375$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  6.5%6.8%
  4.9%10.0%
  2.3%2.5%
  8.3%11.0%
  3.3%4.8%
  1.1%0.8%
  3.9%1.9%
  4.8%4.7%
  1.8%1.9%
  10.9%7.6%
  0.0%0.1%
  2.3%4.2%
  15.8%9.3%
  16.2%14.0%
  3.8%2.1%
  2.6%7.0%
  3.9%4.8%
  7.3%4.7%
Reviews for North Massapequa
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Over 16 years ago

Admittedly, North Massapequa is not the cheapest nor is it the most expensive place to live on Long Island but my wife & I have lived here for over 20 years and still  More

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