Zip 11368 (New York, NY) Economy


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11368 New York, NY is a neighborhood in the borough of Queens. It has a population of about 8,000 people and is known for its affordability and convenient access to transportation options. Rent in the area averages at $2,690 for two-bedroom apartments, which is significantly higher than the national average of $1,430. The Grocery Cost Index in 11368 New York, NY is also higher than the national average at 115 versus 100 in the US.
Local businesses include eateries such as Zaytoon Mediterranean Grill, Thalia Spanish Bistro & Tapas Bar, and Queens Bagel Deli & Bakery. Residents can also find shopping centers such as Home Depot and Best Buy for their home-improvement needs. Health care services are provided by several local clinics including Access Health Care Diagnostic Center and Silver Lake Medical Center. There are plenty of parks nearby like The Alley Pond Park which offers recreational activities such as fishing, tennis courts & trails for hiking or running.

New York (zip 11368) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11368) 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 11368)
- The Sales Tax Rate for New York (zip 11368) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11368) 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 11368)
- The average income of a New York (zip 11368) resident is $16,061 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11368) resident is $62,254 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%
  $22,108$37,638
  $62,254$69,021
  $58,140$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  18.4%6.8%
  3.9%10.0%
  1.4%2.5%
  10.6%11.0%
  6.8%4.8%
  0.1%0.8%
  1.1%1.9%
  1.8%4.7%
  1.7%1.9%
  3.4%7.6%
  0.1%0.1%
  5.0%4.2%
  3.8%9.3%
  11.3%14.0%
  1.0%2.1%
  19.0%7.0%
  8.6%4.8%
  1.8%4.7%
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