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What is a good salary in Long Island NY?
The group estimates a family of two adults and two children in the Nassau/Suffolk metro area would need to earn a combined $139,545 per year — or $11,629 a month — to live comfortably.
What’s the average income on Long Island New York?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 36.6 |
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $116,100 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $51,422 |
What is middle class in Long Island?
The study defines middle class as $92,238 to $138,492 with the average household size of three people, taking into account the high cost of living on Long Island.
Is Long Island affluent?
Long Island is known for its affluence and high quality of life. According to Forbes Magazine, Nassau and Suffolk Counties are among the top 25 richest counties in America. Additionally, Nassau County is the third richest county per capita in New York State, and the 30th richest in the nation.
What is considered low income Long Island?
The state limit is $41,100 for a 1-person family and $58,700 for a 4-person family. In fact, low-income rates are higher in Nassau and Suffolk than in New York City and any other part of the state. A 1-person family in New York needs to make $53,450 to qualify as low income.
What is the average price of a home on Long Island?
The median sale price for a home on Long Island was $515,000 in 2020, an 8.4 percent increase from 2019, according to OneKey Multiple Listing Service.
What is the average salary in Long Island New York?
The average salary in Long Island, NY is $66k. Trends in wages decreased by -100.0 percent in Q1 2021. The cost of living in Long Island, NY is 100 percent higher than the national average.
How much does it cost to live comfortably in Nassau/Suffolk?
The group estimates a family of two adults and two children in the Nassau/Suffolk metro area would need to earn a combined $139,545 per year — or $11,629 a month — to live comfortably. Here’s how the group breaks down that number:
What are the most popular jobs in Long Island NY?
The most popular occupations in Long Island, NY are Operations Manager, Physician Assistant (PA), and Registered Nurse (RN) which pay between $39k and $124k per year. The most popular employers in Long Island, NY are Northwell Health, Molloy College, and Adelphi University.
Is long Island the most expensive metro area?
If you think living on Long Island is bad, San Francisco was ranked as the most expensive metro area with a basic budget of $148,439 a year for a two-parent, two-child household. On the flipside, that same household would only need to earn $58,906 to live comfortably in Brownsville, Texas, the least expensive metro area in the country.