Zip 11109 (New York, NY) Economy


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11109 New York, NY is an area located in Queens that offers residents a unique urban lifestyle. The 2 bedroom rent for the area stands at $3,670 which is more than double that of the US average of $1,430. The area also has a grocery cost index of 117 versus the US average of 100, meaning groceries are 17% more expensive here than the national average. Residents here have access to some of the best shopping, dining and entertainment options in the city, with local companies like Sky View Shopping Center offering an array of restaurants and stores including popular favorites such as Applebee’s and Target. Additionally, many locals take advantage of Flushing Meadow Park for recreational activities like picnicking and biking. With its diverse cultural scene and convenient location 11109 New York is a great place to call home.

New York (zip 11109) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11109) 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 11109)
- The Sales Tax Rate for New York (zip 11109) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11109) 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 11109)
- The average income of a New York (zip 11109) resident is $91,699 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11109) resident is $160,898 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%
  $85,976$37,638
  $160,898$69,021
  $212,975$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  1.5%10.0%
  2.5%2.5%
  7.7%11.0%
  0.3%4.8%
  0.5%0.8%
  5.3%1.9%
  20.9%4.7%
  1.6%1.9%
  28.0%7.6%
  1.2%0.1%
  0.0%4.2%
  5.5%9.3%
  8.8%14.0%
  1.7%2.1%
  3.4%7.0%
  2.6%4.8%
  5.4%4.7%
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