Village of the Branch, NY is a charming community located on Long Island. It is known for its coastal views and friendly atmosphere. The cost of living in Village of the Branch is higher than the US average with two-bedroom rent prices around $2,300 per month. Additionally, groceries cost about 7% more than the overall US index. Village of the Branch has a variety of local companies and small businesses ranging from restaurants and cafes to clothing stores and toy shops. Some notable companies include The House Of Pancakes, Beach Wines & Spirits, Coastal Threads Boutique, and Little Explorer Toys. These businesses provide the local residents with convenient goods and services that help to make Village of the Branch an enjoyable place to live.
Village of the Branch has an unemployment rate of 6.1%. The US average is 6.0%.
Village of the Branch 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 Village of the Branch
- The Sales Tax Rate for Village of the Branch is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Village of the Branch 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 Village of the Branch
- The average income of a Village of the Branch resident is $47,461 a year. The US average is $28,555 a year.
- The Median household income of a Village of the Branch resident is $161,111 a year. The US average is $69,021 a year.