Best Jobs in America's Richest Cities: Historic Long Island

Source

Economic Growth Areas of the USA

Forbes.com analysts reported a list of Top 10 Richest Places in America. This list has been interesting to review in light of the large number of tourist and historical attractions surrounding them, as well as the local job opportunities.

Job seekers today may not be able to afford to live in the absolutely richest places in our country, but they may find some more affordable housing and some employment possibilities they may not otherwise have considered.

A major point is that a rich city, town, or neighborhood/planned community is located in a particular place for a set of reasons, usually privacy, enjoyable things to do in the area, long-range real estate development, and economic growth in the community.

It is the last item that can provide an incubator for new job listings and new lines of work created in new industries. The presence of research universities, colleges, and hospitals boosts that possibility, often in combination with local businesses that work to develop new products and services.

Reference Map of Oyster Bay Area

show route and directions
A markerOld Brookville NY -
Old Brookville, NY, USA
[get directions]

B markerOyster Bay NY -
Oyster Bay, NY, USA
[get directions]

C markerSagamore Hill NY -
Sagamore Hill, 20 Sagamore Hill Rd, Oyster Bay, NY 11771, USA
[get directions]

City Reviews and Brookville

The reviews listed below may help job seekers begin to find work. In fact, I hear from people every week that have found jobs; but we still have a large pool of unemployed or underemployed individuals in America.

Some of the unemployed may find that they need to move to a new location to find employment. Others may be looking for high-wage union employment, which may not be available; and political conflicts surrounding the phenomenon of labor unions and related legislation seem to be rising in the 2010s.

The Forbes.com list mentioned here comprises one set of places that may point job seekers toward successful employment. Further below, we find another set of cities and towns recommended by Bloomberg BusinessWeek.

Teddy Roosevelt in Oyster Bay/Sagamore Hill

Richest Places in America

Forbes.com Richest Places

The Forbes.com richest-places list includes the following communities and neighborhoods: Westlake TX, Kenilworth III, Mission Hills KS, Popponesset Island MA; Plandome, Hewlett Neck, Munsey Park, and Plandome Manor in New York State; North Beach FL, and the Village of Chevy Chase Section Five in Maryland. The links below lead you to a complete review of each place that includes jobs, community information, and tourist attractions. For the tourist attractions, I begin by closely examining maps of each area, because I find that some of the most important and interesting places are often not listed in travel guides.

The Plandome NY review is very interesting, because it features a former resident that became a marathoner and who runs a marathon in Antarctica. By serendipity, we find that Plandome's 100th Anniversary falls in 2011 and the 100th Anniversary of the first successful expedition to the South Pole in Antarctica also falls in 2011. The review also features information about a club of people that run marathons on all of the Earth's continents.

BusinessWeek Wealthiest Places

Bloomberg BusinessWeek used data gathered from 2000 - 2012 and analyzed by an outfit in Little Rock, Arkansas called the Gadberry Group to come up with their determinations of the 25 Wealthiest Towns in the USA.

The variables used to rank the Top 25 included two: average net income and average net worth of each town's residents. The time frame, interestingly, includes the Great Recession of 2008 - 2010.

Number One: Brookville New York

A markerBrookville NY -
Brookville, NY, USA
[get directions]

Long Island's Nassau County

New York's Village of Brookville is a community within the town borders of Oyster Bay in Nassau County.

Money Cereal in Brookville

Brookville NY is located near other communities listed on both the Forbes.com and the BusinessWeek lists of richest places in the USA.

BusiessWeek reported an average income for Brookville residents in 2008 of over $328,00 and an average net worth of over $1.6 Million.

Moreover, an increase in average income of 7% was reported between the years 2000 and 2008 for each local resident and additional increases annually to the present occurred as well..

In March 2011, the average value of homes for sale in Brookville was $2,110,000 by my calculations from aggregated public listings.

The range of home values in 2011 was $5,999,000 to $1,299,000 and approximately a quarter of these homes had been reduced in price somewhat, with a reported 1.0% decrease in home values in February 2011.

Twenty miles away from NYC, it is the home of the C.W. Post Campus of the Long Island University. C.W. Post is one of the famous ex-patients of Dr. Kellogg at the Kellogg Institute in Battle Creek, Michigan - after working in the kitchen of the odd health clinic, Post left the institute and it's sometimes tortuous treatments in favor of his own breakfast foods company.

The land that is now his namesake campus was the estate of his daughter in he 1920s. When the land became the foundation for this campus, it was named in his honor.

The Post Campus

A markerC.W. Post Campus NY -
Long Island University - C. W. Post Campus, Old Westbury, NY 11568, USA
[get directions]

C.W. Post Campus, Long Island University

This campus of Long Island University is located near the New York Insitute of Technology, Steklow Gardens and the US Polo Foundation and Tennis Courts in an inviting green space area.

Brookville and the surrounding area on Long Island are known as Long Island's Gold Coast, once roamed by pirates, as was Charm City: Baltimore MD. I first heard of this gold coast in high school during studies of F. Scott Fitzgerald's The Great Gatsby.

Today, it is a popular destination for visiting the mansion of the 19th Century and enjoying the architecture of these past celebrity homes. Among the richest people in he US lived here. Some resemble castles and several have been used in film footage.

Certain mansions are open to the public, while others remain private homes, a third category comprising ruins left of other mansions from around the 1890s to nearly 1940. A website dedicated to the mansions of Long Island is offered below. A video of many of the mansions is also offered, with parts II and III available at the end of Part I.

The C.W. Post Campus provides continuing education in addition to a range of academic degrees. It is also a research campus, specializing in many of the important issues of the day. Recent projects include preservation of the local woodlands, the migration of the Terrapin turtle, kidney disease and nitrition, and one of my favorites: prevention techniques against cyberbullying

The university also maintains a number of Institutes and dedicated Centers involved in aging, all aspects of Korea, literacy, the English language, the arts, business, and several others.

Additional Local Higher Education and Training

  • Culinary Academy of Long Island at the Star Academy
  • C.W. Post Campus: Long Island University. Campus sports teams: Pioneers. (Please see the map and information below)
  • Empire State College - Old Westbury
  • Metropolitan Institute of Interior Design
  • New York College of Health
  • New York College of Osteopathic Medicine
  • New York Insitute of Beauty
  • New York Institute of Technology - Dorothy and Alexander Schure Old Westbury Campus. The NYIT de Seversky Mansion is a historic mansion available for rental for special events.
  • State University College at Old Westbury
  • SUNY College at Old Westbury
  • Weill Medical College

Top Employers and Jobs

Top 10 High Demand Jobs among 150,000+ Openings

  1. Project Managers
  2. Business and Finance Analysts
  3. Administrative and Executive Assistants
  4. Java Developers
  5. Pharmacy Technicians
  6. Physical Therapists
  7. Account Executives and Managers
  8. Salespeople
  9. Registered Nurse (RNs)
  10. Accountants

Best Hiring Companies

  1. Deloitte
  2. JPMorgan Chase
  3. IBM
  4. Entertainment Industry jobs
  5. Ernst & Young
  6. Columbia University
  7. PricewaterhouseCoopers
  8. Citigroup
  9. Accenture
  10. Morgan Stanley
  11. Bank of America
  12. Bloomberg

Job Listings increased as high as a 900% increase from June 2010 to January 2011. Job Listings for over 209,000 positions within 25 miles were found in March 2011. After a decline from 2014 - 2015, January - June 2016 showed another increase in area jobs listed.

Source

Long Island Gold Coast Sights

The Long Island Gold Coast Mansions

The Mansions of Long Island's Gold Coast, Expanded Edition
The Mansions of Long Island's Gold Coast, Expanded Edition

Mansions in this part of Long Island are museums that entertain and enlighten the touring public. Visiting is like touring the world of Gatsby.

 
DeSeversky Mansion
DeSeversky Mansion

© 2011 Patty Inglish

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Comments 9 comments

Fay Paxton 5 years ago

Another excellent reference. I email all your articles to my unemployed friends. I think I'm through with the work scene, but I am thinking of relocating. This will come in handy.

up and useful


Patty Inglish, MS profile image

Patty Inglish, MS 5 years ago from North America Author

I sure hope the materials help. Glad you can use them for relocation. Thanks for reading!


Earth Angel profile image

Earth Angel 5 years ago

Good Morning Dearest Patty,

GREAT Hub, as always!

One of your statistics for Brookville, NY above caught my eye: 'BusiessWeek reported an average income for residents in 2008 of $328,404 and average net worth of over $1.6 Million.'

When looking at wealth factors I am facinated by the 'multiples' and $1,600,000/$328,404 is quite low. (4.9) That kind of income, managed correctly, should easily produce a net worth far in excess of $1.6 million.

Low 'multiples' often point to 'living beyond means' which happens in affluent as well as marginal areas.

It also points to potential future instability in a luxury submarket; one to three mansions lost in foreclosure can affect an entire neighborhood for years.

The 'low multiple' may also be influenced by the collapse in real estate values, since a large chunk of anyone's net worth can be in the value of their real estate holdings.

In California the prices of prime real estate have plummeted 30% with an across-the-board devaluation of 40% (more in subprime areas). This certainly puts a ding in the assets column of a financial statement.

I look to areas with a 10-multiple - even a 7-multiple in this economy is pretty sound.

Facinating information to look at; thank you so much for sharing!

Blessings always, EarthAngel


Patty Inglish, MS profile image

Patty Inglish, MS 5 years ago from North America Author

I wonder what utilities for one month in one of those mansions tallies in $ for a February? I'm guessing the average owner has several autos as well, and high priced furnishings. Altogether, I think I'd like to see the range stats on those averages and get more of a feel of the picture - I think we have some billionaires in this village - and Jennifer Lopez and Marc Antony, I believe; actors' net worth can fluctuate a lot. I also wonder of investment portfolios took a hit in 2007-2008, lowering net worth on average. Thanks for raising the "multiples" angle, Earth Angel!


RealHousewife profile image

RealHousewife 5 years ago from St. Louis, MO

Great info - thank you! I heard a couple of years ago about the stock market hitting bottom. I started investing then. I have heard through the real estate vine somehow that a couple of years ago there were more million dollar houses sold than there were people that reported earning that much in that year. Hmmm?...


Genna East profile image

Genna East 5 years ago from Massachusetts, USA

One of the best informative hubs I've read in a long time. I plan to forward this on to a couple of friends. Thank you!


Jeremey profile image

Jeremey 5 years ago from Arizona

Makes me consider heading back to NY. Seems to be more stability there than behing unemployed in Arizona! Thanks for an informative piece.


wsupaul88 profile image

wsupaul88 5 years ago from Seattle, WA

I really enjoyed reading your Hub. As a soon to be graduating college senior it is good to know that the job market is bouncing back from where it was. There are a ton of opportunities out there from what I can tell and I'm excited to begin the job hunt! Thanks again for the great read!


crystolite profile image

crystolite 5 years ago from Houston TX

Great hub,thanks for sharing this .

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