Staten Island, NY, is a borough of New York City known for its quiet neighborhoods and stunning natural beauty. It has an average 2 bedroom rent of $2,330, which is approximately $900 more than the US average of $1,430. The Grocery Cost Index in Staten Island is also higher than the US index at 115 versus 100. There are many local companies that make up Staten Island’s business community, such as Clove Lakes Health Care Complex, Richmond University Medical Center, Foodtown Supermarkets, and Home Depot. Residents of Staten Island benefit from these companies and many others in the area to help make life easier and more enjoyable on the island.
Staten Island has an unemployment rate of 9.8%. The US average is 6.0%.
Staten Island has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Staten Island
- The Sales Tax Rate for Staten Island is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Staten Island 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 Staten Island
- The average income of a Staten Island resident is $32,091 a year. The US average is $28,555 a year.
- The Median household income of a Staten Island resident is $89,427 a year. The US average is $69,021 a year.