Rye Brook, NY is a vibrant city located in Westchester County that offers a wide array of amenities to its residents. It has a booming economy with many local companies contributing significantly to its growth. The average two-bedroom apartment rent in Rye Brook is $1,850, which is higher than the US average of $1,430. The cost of living in Rye Brook can be expensive, as the Grocery Cost Index is 109 compared to 100 at the national level. Notable companies in Rye Brook include PepsiCo Inc., TRADOC Inc., and Empire City Casino. PepsiCo Inc. is one of the world’s largest food and beverage companies while TRADOC Inc. provides IT services for businesses. The Empire City Casino creates business opportunities for local entrepreneurs and adds to the diversity of the local community. All these companies have contributed immensely towards boosting economic activity in Rye Brook and offering employment opportunities to its citizens.
Rye Brook has an unemployment rate of 6.2%. The US average is 6.0%.
Rye Brook 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 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Rye Brook
- The Sales Tax Rate for Rye Brook is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Rye Brook 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 Rye Brook
- The average income of a Rye Brook resident is $73,273 a year. The US average is $28,555 a year.
- The Median household income of a Rye Brook resident is $179,205 a year. The US average is $69,021 a year.