11568 Old Westbury, NY is a small town on Long Island known for its luxurious lifestyle and prestigious residential area. It has a population of approximately 1,837 people. Renting a two bedroom apartment in the area will cost around $2,440 per month. This is significantly higher than the US average rent of $1,430 for two bedroom apartments. In terms of living expenses, it is also much more expensive to live in 11568 Old Westbury than other places in the US with a Grocery Cost Index of 123 compared to 100 nationally.
Residents of 11568 Old Westbury have access to numerous local businesses such as Salerno’s Restaurant & Pizzeria, Kmart Pharmacy, The Vitamin Shoppe Nutrition Store, Walgreens Pharmacy, and Kosher Food Market & T&J Deli. These businesses offer a variety of services that are essential for anyone who lives in the area including food goods and medical care. Overall 11568 Old Westbury is an affluent area with high living costs but also great amenities and retail opportunities.
Old Westbury (zip 11568) has an unemployment rate of 5.9%. The US average is 6.0%.
Old Westbury (zip 11568) 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Old Westbury (zip 11568)
- The Sales Tax Rate for Old Westbury (zip 11568) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Old Westbury (zip 11568) 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 Old Westbury (zip 11568)
- The average income of a Old Westbury (zip 11568) resident is $95,557 a year. The US average is $37,638 a year.
- The Median household income of a Old Westbury (zip 11568) resident is $250,001 a year. The US average is $69,021 a year.