Zip 11375 (New York, NY) Economy


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11375 New York, NY is a great area to live with a strong local economy. The cost of living is higher than the US average, with a 2 bedroom rent at $3,150 compared to the US average of $1,430. Grocery costs are also higher in 11375 New York, NY at 120 on the Grocery Cost Index versus 100 for the US as a whole. Local companies in 11375 New York include Amazon Prime Now, Home Depot NYC Metro, and Gap Factory Store. These local businesses provide goods and services that benefit residents and help maintain the local economy.

New York (zip 11375) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11375) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for New York (zip 11375)
- The Sales Tax Rate for New York (zip 11375) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11375) is 10.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New York (zip 11375)
- The average income of a New York (zip 11375) resident is $58,764 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 11375) resident is $96,321 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, New YorkUnited States
  11.26
  -12.4%-6.2%
  30.7%33.5%
  8.9%6.2%
  10.1%4.6%
  $58,764$37,638
  $96,321$69,021
  $120,572$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.6%6.8%
  3.5%10.0%
  2.7%2.5%
  7.3%11.0%
  4.3%4.8%
  0.5%0.8%
  3.4%1.9%
  10.6%4.7%
  3.5%1.9%
  15.4%7.6%
  0.0%0.1%
  3.2%4.2%
  9.7%9.3%
  18.5%14.0%
  2.7%2.1%
  3.3%7.0%
  4.1%4.8%
  4.8%4.7%
Reviews for New York
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The good is it is commutable to Manhattan and there is more space available in apartments. But there are so many unpleasant aspects of the neighborhood and I've spent  More

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Over 17 years ago

Although this central metro town of semi-suburb of NYC is quiet and tree-lined streets filled with European asscent Homes and low-crime rates, best rated schools - the  More

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