Old Field, NY is an affluent town located in Suffolk County. It has a median home value of $712,800 and is known for its historic parks, beaches, and harbor. The average rent for a two-bedroom apartment is $2,810, which is slightly higher than the US average of $1,430. Additionally, the cost of living in Old Field is 7% higher than the national average. Popular local companies include WP Realty Group LLC, CAG Design & Build Inc., and Old Field Nursery & Florist Inc. These businesses serve to enhance the unique atmosphere of this small town.
Old Field has an unemployment rate of 6.1%. The US average is 6.0%.
Old Field 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 Old Field
- The Sales Tax Rate for Old Field is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Old Field 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 Old Field
- The average income of a Old Field resident is $148,200 a year. The US average is $37,638 a year.
- The Median household income of a Old Field resident is $241,250 a year. The US average is $69,021 a year.