Russell Gardens, NY is an affluent small village located in Nassau County on the North Shore of Long Island. It has a population of just over 800 people living in over 300 homes. Though it is small, Russell Gardens is known for its high quality of life offering residents great amenities. Local businesses include restaurants, bakeries, boutique shops, salons, and other services available to local residents.
The 2 bedroom rent for Russell Gardens is more expensive than the national average by $820 dollars. Additionally, the Grocery Cost Index in Russell Gardens is 17 points higher than the US average at 117. This could be due to higher costs related to housing or simply a different consumer market within the village. Despite this difference, living in Russell Gardens provides an excellent standard of living with superior local businesses compared to much larger towns and cities across America.
Russell Gardens has an unemployment rate of 5.9%. The US average is 6.0%.
Russell Gardens 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 Russell Gardens
- The Sales Tax Rate for Russell Gardens is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Russell Gardens 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 Russell Gardens
- The average income of a Russell Gardens resident is $81,652 a year. The US average is $28,555 a year.
- The Median household income of a Russell Gardens resident is $178,250 a year. The US average is $69,021 a year.