Zip 11598 (Woodmere, NY) Economy


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11598 Woodmere, NY is a great place to call home. This area offers a variety of local businesses and attractions such as the nearby Five Towns Shopping Center, which has clothing stores, jewelry stores, banks, nail salons and more. The 2 bedroom rent in the area is $2,670 which is slightly higher than the US average of $1,430. Grocery cost index here stands at 112 compared to 100 in the US. There are also several local attractions such as adventure parks like Adventureland Amusement Park and outdoor recreation areas such as Jones Beach State Park. Other great places to visit include Point Lookout Lighthouse Museum and Nassau County Museum of Art.

Woodmere (zip 11598) has an unemployment rate of 6.2%. The US average is 6.0%.

Woodmere (zip 11598) 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 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Woodmere (zip 11598)
- The Sales Tax Rate for Woodmere (zip 11598) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Woodmere (zip 11598) 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 Woodmere (zip 11598)
- The average income of a Woodmere (zip 11598) resident is $63,038 a year. The US average is $37,638 a year.
- The Median household income of a Woodmere (zip 11598) resident is $160,186 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodmere, New YorkUnited States
  6.26
  -6.6%-6.2%
  27.9%33.5%
  8.6%6.2%
  6.2%4.6%
  $63,038$37,638
  $160,186$69,021
  $185,972$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  6.2%10.0%
  4.4%2.5%
  9.4%11.0%
  0.5%4.8%
  0.0%0.8%
  0.1%1.9%
  11.4%4.7%
  1.7%1.9%
  15.8%7.6%
  0.0%0.1%
  1.3%4.2%
  15.9%9.3%
  20.9%14.0%
  1.5%2.1%
  3.0%7.0%
  1.7%4.8%
  2.4%4.7%
Reviews for Woodmere
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Over 17 years ago

Prices have dropped by about 5% versus 2006. Unlike many other areas on long island, the number of unsold homes have not increased in 2007. I see less for sale signs  More

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