Zip 11755 (Lake Grove, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
11755 Lake Grove, NY is a town located in Suffolk County on Long Island. It offers a suburban lifestyle with access to plenty of amenities, including dining, shopping, parks, and more. The 2 bedroom rent for this area is $2,440 which is slightly more expensive than the US average of $1,430. The Grocery Cost Index in 11755 Lake Grove is 106 versus 100 in the US providing good value for money as groceries are slightly cheaper than other areas in America. Local businesses such as Target and 7-Eleven can be found nearby offering convenience and affordability to residents of 11755 Lake Grove. The local cost of living index is 1.4 which is slightly higher than the national average of 1.0 but still provides great value for money while enjoying all that 11755 Lake Grove has to offer.

Lake Grove (zip 11755) has an unemployment rate of 6.1%. The US average is 6.0%.

Lake Grove (zip 11755) 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 Lake Grove (zip 11755)
- The Sales Tax Rate for Lake Grove (zip 11755) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Lake Grove (zip 11755) 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 Lake Grove (zip 11755)
- The average income of a Lake Grove (zip 11755) resident is $38,435 a year. The US average is $28,555 a year.
- The Median household income of a Lake Grove (zip 11755) resident is $114,097 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Grove, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $45,335$37,638
  $114,097$69,021
  $130,848$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.9%6.8%
  6.5%10.0%
  1.9%2.5%
  8.5%11.0%
  5.1%4.8%
  0.6%0.8%
  1.4%1.9%
  8.0%4.7%
  2.1%1.9%
  9.6%7.6%
  0.5%0.1%
  2.7%4.2%
  14.0%9.3%
  17.6%14.0%
  0.9%2.1%
  4.7%7.0%
  3.0%4.8%
  6.1%4.7%
Health