Woodmere, NY is a residential suburb located in Nassau County on Long Island. It boasts a variety of housing options for all types of budgets, as evidenced by the 2 bedroom rent being $2,560 compared to the US average at $1,430. Additionally, Woodmere is known for its low cost of living with a grocery cost index 110 compared to 100 nationwide. There are plenty of businesses to work at and shop at including local stores like The Wine Store and Stop & Shop Supermarket. Overall, Woodmere is an affordable suburb that appeals to those looking for suburban living with a reasonable cost of living.
Woodmere has an unemployment rate of 5.9%. The US average is 6.0%.
Woodmere 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 Woodmere
- The Sales Tax Rate for Woodmere is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Woodmere 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 Woodmere
- The average income of a Woodmere resident is $49,929 a year. The US average is $28,555 a year.
- The Median household income of a Woodmere resident is $152,700 a year. The US average is $69,021 a year.