Zip 11738 (Farmingville, NY) Economy


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11738 Farmingville, NY is an area near Long Island, known for its close proximity to shopping centers like The Smith Haven Mall and entertainment options like Splish Splash Waterpark. With a population of over 22,000 people, Living in Farmingville offers many entertainment options and convenience. The average 2 bedroom rental costs $2,630 compared to the US average of $1,430. Grocery Cost Index in Farmingville also exceeds the national average with 105 compared to 100. Companies located near Farmingville include CVS Health, American Mechanical Services Inc., McDonalds Corporation, BJ’s Wholesale Club, and ExxonMobil Corporation. All in all, 11738 Farmingville provides an excellent balance between entertainment and economic opportunity coupled with a reasonable cost of living compared to other areas in the US making it an ideal place to live.

Farmingville (zip 11738) has an unemployment rate of 6.1%. The US average is 6.0%.

Farmingville (zip 11738) 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 Farmingville (zip 11738)
- The Sales Tax Rate for Farmingville (zip 11738) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Farmingville (zip 11738) 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 Farmingville (zip 11738)
- The average income of a Farmingville (zip 11738) resident is $40,806 a year. The US average is $37,638 a year.
- The Median household income of a Farmingville (zip 11738) resident is $123,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmingville, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    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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