Long Island

Long Island
Long Island, which encompasses Nassau and Suffolk Counties, is home to nearly 3 million people. Long Island's economy is closely linked with New York City's, with many residents commuting to the City for work. Long Island’s workforce is fairly affluent and particularly well-educated.
Long Island Economic Indicators
Long Island
Economic and Demographic Trends
Population 2020Pop growth 2020, 10-year change (%)GDP 2020,
billions
($)
Job growth 2021, 5-year change
(%)
Median household income 2020
($)
Median home price 2020
($)
Pop share age 25+ with BA+ 2020
(%)
Long Island2,922,0003.1203-4.4114,260500,00045.6
New York City*8,804,0007.71,022-3.070,000650,00040.3
Orange-Rockland-Westchester*1,744,0006.8125-4.182,000350,00038.8
New York State20,201,0004.21,725-4.172,600350,00039.4
United States331,449,0007.420,8941.267,000250,00035.1
Sources: U.S. Census Bureau; U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; IPUMS USA-University of Minnesota. Data retrieved through data.census.gov, Moody's Economy.com, or directly from source.
*Neighboring Metros

The New York Fed publishes indicators, trends, research and analysis on our Second District. Explore the content below to learn more.

By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close