11560 Locust Valley, NY is a great place to call home for those seeking a suburban atmosphere. The 2 bedroom rent in this area is slightly more than the US average at $2,530 per month. Nevertheless, it's still an affordable place to live with lower grocery costs as well. The Grocery Cost Index in the area is 112 compared to the US average of 100, making it a decent destination for food shopping.
This area offers residents many opportunities as there are multiple companies such as Newpro Mfg Inc., Model Nails & Spa, and Zornow Electric that are located within 11560 Locust Valley. Beyond work opportunities, there is also plenty to explore and enjoy in the area. Some popular attractions include the Bayville Adventure Park and Crescent Beach which provide fun activities for all ages and interests. All these factors make this area an attractive place to settle down and call home.
Locust Valley (zip 11560) has an unemployment rate of 5.9%. The US average is 6.0%.
Locust Valley (zip 11560) 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Locust Valley (zip 11560)
- The Sales Tax Rate for Locust Valley (zip 11560) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Locust Valley (zip 11560) 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 Locust Valley (zip 11560)
- The average income of a Locust Valley (zip 11560) resident is $100,793 a year. The US average is $37,638 a year.
- The Median household income of a Locust Valley (zip 11560) resident is $162,625 a year. The US average is $69,021 a year.