Port Washington, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Port Washington, NY is a popular suburban area located near New York City on the North Shore of Long Island. It offers many amenities such as good public schools, excellent access to public transportation, and shopping centers. The 2 Bedroom rent in Port Washington is more expensive than the US average; residents of this area pay an average of $2,610 compared to the national average of $1,430. The grocery cost index in Port Washington is also higher than the national average; it is 114 versus 100 in the US. Popular companies located in Port Washington include Stony Brook University Hospital, Northwell Health Hospital, and Whole Foods Market. All these factors make life in Port Washington more expensive than other parts of New York and the US but offer a unique lifestyle that attracts many people to this beautiful area.

Port Washington has an unemployment rate of 5.9%. The US average is 6.0%.

Port Washington 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 Port Washington
- The Sales Tax Rate for Port Washington is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Port Washington 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 Port Washington
- The average income of a Port Washington resident is $58,668 a year. The US average is $28,555 a year.
- The Median household income of a Port Washington resident is $156,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Washington, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $80,070$37,638
  $156,214$69,021
  $200,563$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.7%6.8%
  4.3%10.0%
  2.6%2.5%
  10.2%11.0%
  2.3%4.8%
  0.1%0.8%
  5.1%1.9%
  13.5%4.7%
  1.4%1.9%
  14.4%7.6%
  0.3%0.1%
  2.2%4.2%
  12.2%9.3%
  12.0%14.0%
  4.4%2.1%
  1.6%7.0%
  4.5%4.8%
  2.0%4.7%
Reviews for Port Washington
    See all ()

Over 13 years ago

Port Washington is a good place to raise kids-- if you can afford it.  More

   |    Reply

Over 15 years ago

expensive but worth  More

   |    Reply

Start Your Review of Port Washington

Health
Compare Port Washington, NY
cost of living
Compare food, housing, utilities, and more in Port Washington, New York to any other city in the US.