Zip 11720 (Centereach, NY) Economy


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11720 Centereach, NY is an affordable place to live due to its low 2 bedroom rent cost of $2,370. When compared to the U.S. average of $1,430, it is a great value for those looking to settle down in this area. The Index of Grocery Cost is also fairly competitive when compared with the US average at 105 vs 100 respectively. Those looking for employment in 11720 Centereach, NY have several options available nearby such as Brookhaven National Laboratory, Stony Brook University Hospital and Stony Brook University itself. With the lower rental costs and prices on everyday items it makes 11720 Centereach an attractive option for those looking to relocate or start a new life in New York State.

Centereach (zip 11720) has an unemployment rate of 6.1%. The US average is 6.0%.

Centereach (zip 11720) 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 Centereach (zip 11720)
- The Sales Tax Rate for Centereach (zip 11720) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Centereach (zip 11720) 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 Centereach (zip 11720)
- The average income of a Centereach (zip 11720) resident is $33,302 a year. The US average is $28,555 a year.
- The Median household income of a Centereach (zip 11720) resident is $114,471 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentereach, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $42,920$37,638
  $114,471$69,021
  $127,689$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  7.0%6.8%
  8.3%10.0%
  2.0%2.5%
  12.2%11.0%
  4.1%4.8%
  0.6%0.8%
  1.8%1.9%
  4.0%4.7%
  1.4%1.9%
  7.5%7.6%
  0.2%0.1%
  3.5%4.2%
  13.1%9.3%
  16.3%14.0%
  1.1%2.1%
  6.6%7.0%
  3.5%4.8%
  6.6%4.7%
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