Zip 10703 (Yonkers, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
10703 Yonkers, NY is a great place to live and work. Rent for a two bedroom apartment is $1,770 compared to the US average of $1,430 - making it an affordable city. The cost of groceries in this area is also high due to the Grocery Cost Index being 107 versus the US average of 100.
There are several great companies based in 10703 Yonkers, NY including Con Edison, Memorial Sloan Kettering Cancer Center and Montefiore Medical Center. All three businesses offer great career opportunities as they are among the top employers in Westchester County. Con Edison is one of the largest energy providers in the United States while Memorial Sloan Kettering Cancer Center is a leading cancer research facility and Montefiore Medical Center is one of New York’s leading healthcare providers. For those looking for a job with competitive benefits and salaries, these businesses are sure to provide them with plenty of options that will meet their particular career goals.

Yonkers (zip 10703) has an unemployment rate of 7.6%. The US average is 6.0%.

Yonkers (zip 10703) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Yonkers (zip 10703)
- The Sales Tax Rate for Yonkers (zip 10703) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Yonkers (zip 10703) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Yonkers (zip 10703)
- The average income of a Yonkers (zip 10703) resident is $25,961 a year. The US average is $28,555 a year.
- The Median household income of a Yonkers (zip 10703) resident is $78,473 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYonkers, New YorkUnited States
  7.66
  -6.3%-6.2%
  25.5%33.5%
  8.9%6.2%
  6.2%4.6%
  $35,451$37,638
  $78,473$69,021
  $97,606$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  7.0%6.8%
  6.4%10.0%
  3.3%2.5%
  11.7%11.0%
  4.9%4.8%
  0.8%0.8%
  3.0%1.9%
  3.4%4.7%
  1.6%1.9%
  5.3%7.6%
  0.2%0.1%
  4.2%4.2%
  11.9%9.3%
  20.9%14.0%
  4.0%2.1%
  4.1%7.0%
  2.1%4.8%
  4.4%4.7%
Health