Zip 11693 (New York, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
11693 New York, NY is a great place to live with opportunities for both work and leisure. The average cost of rent for two bedrooms is $2,170, which is significantly higher than the US average of $1,430. Additionally, the grocery cost index in 11693 New York, NY is 113 versus 100 in the US. This area offers its residents some of the best restaurants and shopping experiences in the country. Notable companies located nearby include Bank of America and TD Bank as well as numerous high-end stores like Bloomingdale's and Saks Fifth Avenue. The area also provides some of the most sought after attractions including Times Square, Central Park, Midtown Manhattan and more.

New York (zip 11693) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11693) 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 11693)
- The Sales Tax Rate for New York (zip 11693) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11693) 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 11693)
- The average income of a New York (zip 11693) resident is $25,732 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11693) resident is $64,688 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%
  $32,815$37,638
  $64,688$69,021
  $72,528$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.3%6.8%
  3.1%10.0%
  0.2%2.5%
  7.8%11.0%
  4.7%4.8%
  0.6%0.8%
  2.1%1.9%
  3.2%4.7%
  2.6%1.9%
  9.4%7.6%
  0.0%0.1%
  3.8%4.2%
  12.7%9.3%
  22.5%14.0%
  2.7%2.1%
  4.1%7.0%
  6.6%4.8%
  7.8%4.7%
Health