Salary & Cost of Living in Babylon, NY
Babylon, NY: $61,147 median salary, cost of living index 152.3, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$61,147
$29/hr
Cost of Living
152.3
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.8%
rate
Babylon, NY Overview
Population
213,234
Median Salary
$61,147
Average Salary
$68,485
Avg Commute
21 min
Median Home Price
$474,000
Median Rent
$2,003/mo
Job Growth
+0.6%
Sales Tax
4%
Babylon is located in New York with a population of 213,234. The median household salary is $61,147 per year ($29/hour), which is $1,763 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +0.6%.
Babylon Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Babylon, NY, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$46,560
$3,879.97/month · $1,790.76/biweekly · Effective Rate: 23.9%
Gross Pay
$61,147
Federal Tax
-$5,299
State Tax
-$4,189
Local Tax
-$422
FICA
-$4,678
Net Pay
$46,560
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,095.58 | $61,147.00 |
| Federal Income Tax | -$441.59 | -$5,299.14 |
| New York State Tax (6.85%) | -$349.05 | -$4,188.57 |
| Local Tax (0.69%) | -$35.16 | -$421.91 |
| Social Security (6.2%) | -$315.93 | -$3,791.11 |
| Medicare (1.45%) | -$73.89 | -$886.63 |
| Net Take-Home Pay | $3,879.97 | $46,559.63 |
Salary Comparison: Babylon vs Other Cities
See how Babylon's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Babylon, NY | $61,147 | 152.3 | $40,149 |
| National Average | $59,384 | 100 | $59,384 |
| Beaumont, CA | $61,148 | 155.4 | $39,349 |
| San Jacinto, CA | $61,145 | 154.8 | $39,499 |
| Huntington, NY | $61,125 | 135.6 | $45,077 |
| Grand Junction, CO | $61,171 | 111.5 | $54,862 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Babylon
Babylon's cost of living index is 152.3 (national average = 100). Living in Babylon is 52.30000000000001% more expensive than the national average.
Median Home Price
$474,000
Median Monthly Rent
$2,003
Annual Rent Cost
$24,036
Your Salary's Purchasing Power
Your $46,560 annual take-home pay in Babylon has the purchasing power of approximately $30,571 in an average-cost US area. You would need to earn $93,127 in Babylon to match a $61,147 salary in an average-cost city.
Top Industries in Babylon
Babylon's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $61,147.
Salary Tips for Babylon Workers
- Negotiate for cost of living. Babylon has a cost of living 52.30000000000001% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a 6.85% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Babylon's top industries include Finance, Technology, Healthcare. Targeting roles in these sectors can help you earn above the $61,147 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Babylon, NY?
The median salary in Babylon, NY is $61,147 per year, or $29 per hour. The average salary is $68,485. This is $1,763 above the national median of $59,384.
What is the cost of living in Babylon, NY?
Babylon's cost of living index is 152.3 (national average = 100), meaning it is 52.30000000000001% more expensive compared to the national average. The median home price is $474,000 and the median monthly rent is $2,003.
What are the best industries in Babylon?
The top industries in Babylon, NY include Finance, Technology, Healthcare. The city has a job growth rate of 0.6% and an unemployment rate of 3.8%. Workers in these industries often earn above the city's median salary of $61,147.
How does Babylon's salary compare to other cities?
Babylon's median salary of $61,147 is 3.0% above the national median of $59,384. However, when adjusted for cost of living (index: 152.3), the real purchasing power is approximately $40,149.
What is the minimum wage in Babylon, NY?
The minimum wage in Babylon, NY is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.