South Valley Stream, NY Economy


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South Valley Stream, NY is a great place to live for those looking for an affordable home. The average rent for a two bedroom apartment in the area is $2,270, which is significantly higher than the national average of $1,430. Additionally, the Grocery Cost Index in South Valley Stream is 8% higher than the national average, making it important to budget carefully when shopping for groceries. Companies in South Valley Stream include Garden City Garage Door Co., Tuxedo Pharmacy Corp., and Parkwood Mergers & Acquisitions.

South Valley Stream has an unemployment rate of 5.9%. The US average is 6.0%.

South Valley Stream 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 South Valley Stream
- The Sales Tax Rate for South Valley Stream is 8.6%. The US average is 7.3%.
- The Income Tax Rate for South Valley Stream 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 South Valley Stream
- The average income of a South Valley Stream resident is $40,510 a year. The US average is $28,555 a year.
- The Median household income of a South Valley Stream resident is $128,676 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Valley Stream, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $43,868$37,638
  $128,676$69,021
  $144,741$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.4%6.8%
  2.8%10.0%
  3.0%2.5%
  13.0%11.0%
  6.5%4.8%
  0.8%0.8%
  0.2%1.9%
  5.5%4.7%
  0.8%1.9%
  10.6%7.6%
  0.0%0.1%
  2.0%4.2%
  9.3%9.3%
  20.4%14.0%
  3.8%2.1%
  6.5%7.0%
  4.6%4.8%
  7.7%4.7%
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