Zip 11542 (Glen Cove, NY) Economy


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11542 Glen Cove, NY is a lively and desirable place to live. With a two-bedroom apartment renting on average for $2,370 per month, it's slightly more expensive than the national median of $1,430. However, the cost of living is offset by plenty of local amenities and strong employment opportunities in the area. The Grocery Cost Index for 11542 Glen Cove is 108 versus 100 in the US.
The city offers a variety of attractions and activities that make it an ideal place to live and work. From artisanal cafes to popular retail stores like Best Buy, Target, and Marshalls, there are plenty of shopping options nearby. For outdoor recreation enthusiasts, there are plenty of parks with spectacular views like Hempstead Lake State Park or North Shore Beach. And music fans can always enjoy a show at the Nassau Coliseum.
11542 Glen Cove provides employment opportunities across a wide range of industries including finance and healthcare services as well as manufacturing companies like EDO Corporation and ITT Exelis Inc. Those looking to live in 11542 Glen Cove can enjoy the vibrant culture of Long Island while also taking advantage of all that NYC has to offer - just 35 miles away!

Glen Cove (zip 11542) has an unemployment rate of 6.8%. The US average is 6.0%.

Glen Cove (zip 11542) 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 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Glen Cove (zip 11542)
- The Sales Tax Rate for Glen Cove (zip 11542) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Glen Cove (zip 11542) 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 Glen Cove (zip 11542)
- The average income of a Glen Cove (zip 11542) resident is $36,076 a year. The US average is $28,555 a year.
- The Median household income of a Glen Cove (zip 11542) resident is $82,049 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlen Cove, New YorkUnited States
  6.86
  -6.6%-6.2%
  27.5%33.5%
  8.6%6.2%
  6.2%4.6%
  $41,345$37,638
  $82,049$69,021
  $99,815$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.9%6.8%
  2.6%10.0%
  3.1%2.5%
  10.1%11.0%
  2.2%4.8%
  0.2%0.8%
  1.9%1.9%
  4.9%4.7%
  2.4%1.9%
  8.3%7.6%
  0.0%0.1%
  6.0%4.2%
  12.6%9.3%
  15.5%14.0%
  2.3%2.1%
  11.0%7.0%
  5.1%4.8%
  3.8%4.7%
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