Northport, NY Economy


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\nNorthport, New York is a small village located in Suffolk County on the North Shore of Long Island. It is renowned for its picturesque beaches and waterfront district. With a variety of restaurants, boutiques, galleries, and other local businesses, Northport offers an array of attractions for visitors and locals alike. Notable companies in Northport include The Northport Merchant Marine Museum, The Garden Club of Northport, The Main Street Theater Company and many more.
The cost of living in Northport is higher than the US average but still relatively affordable. In terms of housing costs, two bedroom apartments in Northport rent for around $2,370 per month compared to the US average of $1,430. Likewise with groceries; the cost index in Northport is 109 versus 100 in the US making it slightly more expensive than elsewhere.

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

Northport 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 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Northport
- The Sales Tax Rate for Northport is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Northport 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 Northport
- The average income of a Northport resident is $55,299 a year. The US average is $28,555 a year.
- The Median household income of a Northport resident is $122,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthport, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $69,974$37,638
  $122,250$69,021
  $145,700$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.0%6.8%
  2.3%10.0%
  2.5%2.5%
  9.2%11.0%
  2.0%4.8%
  0.0%0.8%
  2.4%1.9%
  7.7%4.7%
  4.2%1.9%
  6.2%7.6%
  0.0%0.1%
  2.6%4.2%
  12.9%9.3%
  18.8%14.0%
  2.8%2.1%
  6.2%7.0%
  9.9%4.8%
  4.4%4.7%
Reviews for Northport
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Over 9 years ago

I grew up on LI, and I love living here. Sometimes. But the cost of a small one bedroom apt is $900. And that's cheap! Electricity is about $90 a month. Sales tax is  More

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You can still find jobs here but the options are much slimmer than they used to be. You should plan on traveling 30-40 minutes for work. But the cost of living is so  More

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