Long Island is one of the world’s most urbanized and highly developed islands. As of 2019, Long Island had a population of 2.8 million people and a gross domestic product of $197 billion. Between 2014 and 2019, Long Island experienced a 4.3% growth in jobs. Median income on the island is $112,000 and the median home price is $450,000. Among those over the age of 25, 42.6% hold a college degree or higher educationally.