Zip 11724 (Cold Spring Harbor, NY) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / New York / New York-Newark-Jersey City Metro Area / Suffolk County / No City / Cold Spring Harbor (zip 11724)
11724 Cold Spring Harbor, NY is a charming village located in New York's Suffolk County. The area is known for its incredible natural beauty, with stunning views of Long Island Sound and picturesque beaches, parks, and nature trails. Residents of 11724 Cold Spring Harbor enjoy an excellent quality of life with 2 bedroom rent averaging at $3,540 per month, compared to the national average of $1,430 per month. Local businesses thrive in this prosperous community providing jobs and meeting all necessary needs from groceries to healthcare. Popular local companies include Cold Spring Harbor Pharmacy, which has been serving residents since 1920 as well as the charming Whaling Museum which serves as a unique landmark. With its stunning scenery and diverse economy 11724 Cold Spring Harbor is a desirable place to live with a grocery cost index of 116 versus 100 in the US.

Cold Spring Harbor (zip 11724) has an unemployment rate of 6.1%. The US average is 6.0%.

Cold Spring Harbor (zip 11724) 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 Cold Spring Harbor (zip 11724)
- The Sales Tax Rate for Cold Spring Harbor (zip 11724) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Cold Spring Harbor (zip 11724) 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 Cold Spring Harbor (zip 11724)
- The average income of a Cold Spring Harbor (zip 11724) resident is $88,592 a year. The US average is $37,638 a year.
- The Median household income of a Cold Spring Harbor (zip 11724) resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCold Spring Harbor, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.