Yaphank, NY is a small town of about 8,893 located on Long Island. It has been home to companies such as Brookhaven National Laboratory, Suffolk County Parks and Recreation, and Stony Brook University. Though rent for two bedrooms in Yaphank is slightly higher than the average US rate of $1,430 at $2,730 per month, groceries are cheaper here than the national average with a grocery cost index of 104 versus 100 nationally. Despite having higher housing costs than other parts of the country, Yaphank offers access to many high-paying jobs with nearby companies.
Yaphank has an unemployment rate of 6.1%. The US average is 6.0%.
Yaphank 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 Yaphank
- The Sales Tax Rate for Yaphank is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Yaphank 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 Yaphank
- The average income of a Yaphank resident is $33,209 a year. The US average is $28,555 a year.
- The Median household income of a Yaphank resident is $100,703 a year. The US average is $69,021 a year.