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Economy in Long Island City (zip 11120), New York

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLong Island City, NYUnited States
Unemployment Rate8.40%9.10%
Recent Job Growth-1.21%-0.12%
Future Job Growth29.18%31.25%
Sales Taxes8.38%6.80%
Income Taxes10.50%6.25%
Income per Cap.$21,653$27,067
Household Income$39,132$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.57%12.10%
Income between 15K and 25K11.60%10.18%
Income between 25K and 35K9.84%10.56%
Income between 35K and 50K13.95%14.98%
Income between 50K and 75K14.60%19.53%
Income between 75K and 100K9.30%12.52%
Income between 100K and 150K10.09%12.14%
Income between 150K and 250K2.97%3.91%
Income between 250K and 500K2.89%3.34%
Income greater than 500K0.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.54%13.81%
Professional and Related Occupations21.44%22.68%
Service21.75%14.51%
Sales and Office19.67%25.22%
Farming, Fishing, and Forestry0.30%0.68%
Construction, Extraction, and Maintenance5.32%9.37%
Production, Transportation, and Material Moving10.83%15.86%
Median Household Income

The unemployment rate in Long Island City (zip 11120), NY, is 8.40%, with job growth of -1.21%. Future job growth over the next ten years is predicted to be 29.18%.

Long Island City (zip 11120), NY Taxes

Long Island City (zip 11120), NY,sales tax rate is 8.38%. Income tax is 10.50%.

Long Island City (zip 11120), NY Income and Salaries

The income per capita is $21,653, which includes all adults and children. The median household income is $39,132.


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