Zip 11901 (Riverhead, NY) Economy


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11901 Riverhead, NY is an excellent place to call home. The 2 Bedroom rent is $1,970 compared to the US average of $1,430. This cost of living increased is mirrored in the Grocery Cost Index, which is 106 versus the national average of 100. With the school district being one of the best in New York, it makes 11901 Riverhead a desirable and affordable location. In addition to this, there are a number of local businesses that help give this area its unique flavor including Riverhead Diner, Oriental Pearl Chinese Restaurant, and Eastern Long Island Hospitality Group. All these businesses play a pivotal role in making 11901 Riverhead, NY such an enjoyable place to live and work.

Riverhead (zip 11901) has an unemployment rate of 6.1%. The US average is 6.0%.

Riverhead (zip 11901) 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 Riverhead (zip 11901)
- The Sales Tax Rate for Riverhead (zip 11901) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Riverhead (zip 11901) 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 Riverhead (zip 11901)
- The average income of a Riverhead (zip 11901) resident is $35,169 a year. The US average is $37,638 a year.
- The Median household income of a Riverhead (zip 11901) resident is $74,235 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiverhead, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $35,169$37,638
  $74,235$69,021
  $86,115$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  15.0%6.8%
  3.2%10.0%
  3.3%2.5%
  11.9%11.0%
  3.3%4.8%
  0.4%0.8%
  2.9%1.9%
  3.4%4.7%
  0.7%1.9%
  4.6%7.6%
  0.0%0.1%
  8.0%4.2%
  9.3%9.3%
  14.4%14.0%
  1.6%2.1%
  4.7%7.0%
  5.4%4.8%
  5.0%4.7%
Health