Zip 11520 (Freeport, NY) Economy


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11520 Freeport, NY is the perfect place for those seeking a balance of affordability and convenience. With an average two-bedroom rent of $2,060 and a Grocery Cost Index of 106, it’s priced slightly higher than the US average but still accessible. Nestled on Long Island just twenty miles east of Manhattan, 11520 Freeport offers easy access to world-class shopping and restaurants while still allowing residents to take advantage of local amenities. The city is home to popular companies such as NAPA Auto Parts, T & C Surf Designs, and Paragon Products, all of which offer great opportunities for employment. Whether you’re looking for a job or a place to call home, 11520 Freeport is the ideal destination.

Freeport (zip 11520) has an unemployment rate of 6.2%. The US average is 6.0%.

Freeport (zip 11520) 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 Freeport (zip 11520)
- The Sales Tax Rate for Freeport (zip 11520) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Freeport (zip 11520) 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 Freeport (zip 11520)
- The average income of a Freeport (zip 11520) resident is $28,033 a year. The US average is $28,555 a year.
- The Median household income of a Freeport (zip 11520) resident is $100,867 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFreeport, New YorkUnited States
  6.26
  -6.6%-6.2%
  27.9%33.5%
  8.6%6.2%
  6.2%4.6%
  $39,857$37,638
  $100,867$69,021
  $116,781$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.2%6.8%
  3.9%10.0%
  3.1%2.5%
  12.0%11.0%
  7.8%4.8%
  0.6%0.8%
  2.2%1.9%
  3.4%4.7%
  1.9%1.9%
  5.7%7.6%
  0.1%0.1%
  5.5%4.2%
  8.7%9.3%
  19.5%14.0%
  1.6%2.1%
  5.8%7.0%
  6.2%4.8%
  5.4%4.7%
Health