Laurel, NY is a small town in Suffolk County located on the north side of Long Island. It is known for its friendly atmosphere and quiet neighborhoods. 2 bedroom rent in Laurel is slightly higher than the US average at $1,830 compared to $1,430 respectively. The cost of living in Laurel is also higher than the national average as judged by the grocery cost index which currently stands at 108 versus 100 in the US. Local companies include Ackerman's Ace Hardware, John's Seafood and Sushi Bar, and Manhasset Motors Inc. Ackerman's provides quality hardware and home improvement products with friendly service while John's specializes in seafood and sushi dishes made fresh each day. Manhasset Motors is a reliable car dealership that offers both new and used vehicles to its customers.
Laurel has an unemployment rate of 6.1%. The US average is 6.0%.
Laurel has seen the job market decrease by -6.6% 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 Laurel
- The Sales Tax Rate for Laurel is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Laurel 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 Laurel
- The average income of a Laurel resident is $53,337 a year. The US average is $37,638 a year.
- The Median household income of a Laurel resident is $107,460 a year. The US average is $69,021 a year.