Peconic, NY is a small town located in Suffolk County with a variety of local businesses, such as Peconic Bay Winery and Moustache Brewing Company. People living in Peconic enjoy the benefit of a lower cost of living compared to other locations. 2 Bedroom rental prices are on average $2,100, which is significantly lower than the US average of $1,430. Furthermore, the Grocery Cost Index in Peconic is 110 compared to 100 across the United States. Overall, Peconic provides residents with an affordable housing market and good access to groceries making it an ideal place to live.
Peconic has an unemployment rate of 6.1%. The US average is 6.0%.
Peconic 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 Peconic
- The Sales Tax Rate for Peconic is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Peconic 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 Peconic
- The average income of a Peconic resident is $88,792 a year. The US average is $28,555 a year.
- The Median household income of a Peconic resident is $90,192 a year. The US average is $69,021 a year.