Zip 11964 (Shelter Island, NY) Economy


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Shelter Island, NY is located along the eastern coast of Long Island in Suffolk County. The small island village is known for its remarkable natural beauty and charming atmosphere. With a population of just over 2,000 people, Shelter Island offers plenty for those looking to relax and experience something unique. The average two bedroom rent in Shelter Island is around $2,790, significantly higher than the US average of $1,430. Additionally, the grocery cost index in Shelter Island is 116 compared to 100 in the US.
The village offers a variety of activities and attractions that visitors can enjoy during their stay. One notable attraction is Mashomack Preserve which spans nearly 2500 acres including pristine beaches, woodlands and meadows with miles of trails suitable for hiking biking or horseback riding. Other attractions include Sylvester Manor Educational Farm which offers educational tours and events throughout the year as well as Sunset Beach which boasts an ocean view from a private beach area. For local businesses there are several restaurants on Shelter Island including South Ferry Inn & Restaurant or the Vine Street Cafe, both offering delicious fresh seafood. There are also local shops like Havens store offering traditional souvenirs from New York’s East End.

Shelter Island (zip 11964) has an unemployment rate of 6.1%. The US average is 6.0%.

Shelter Island (zip 11964) 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 Shelter Island (zip 11964)
- The Sales Tax Rate for Shelter Island (zip 11964) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Shelter Island (zip 11964) 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 Shelter Island (zip 11964)
- The average income of a Shelter Island (zip 11964) resident is $53,025 a year. The US average is $37,638 a year.
- The Median household income of a Shelter Island (zip 11964) resident is $100,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelter Island, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
    Unlock2.5%
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    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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