Chappaqua, NY Economy


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Chappaqua, NY is a quaint suburb in Westchester County with a population of approximately 11,000 people. It is located just north of New York City and offers many perks to its citizens. When it comes to renting a two-bedroom apartment, the average cost in Chappaqua is $3,100 which is more than double the U.S. average of $1,430. The Grocery Cost Index in Chappaqua is also higher than the national average at 113 versus 100.
The town has plenty of amenities for residents to enjoy including several parks providing outdoor recreation opportunities like hiking trails and playgrounds as well as sports fields for various activities. There are several local companies that provide jobs like IBM Corporation and Northwell Health Inc. There are also many small businesses and restaurants offering a variety of services and cuisine from around the world. Residents can take advantage of the high quality schools in Chappaqua as well as local libraries which offer learning programs for adults and children alike.
Overall, Chappaqua offers an affluent lifestyle with plenty of job opportunities and amenities at a relatively high cost compared to other parts of the United States but is still an attractive option due to its proximity to New York City’s business hub.

Chappaqua has an unemployment rate of 6.2%. The US average is 6.0%.

Chappaqua 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 Chappaqua
- The Sales Tax Rate for Chappaqua is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Chappaqua 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 Chappaqua
- The average income of a Chappaqua resident is $52,866 a year. The US average is $28,555 a year.
- The Median household income of a Chappaqua resident is $196,141 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChappaqua, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $99,474$37,638
  $196,141$69,021
  $210,678$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  3.4%6.8%
  1.1%10.0%
  3.9%2.5%
  3.0%11.0%
  0.0%4.8%
  0.0%0.8%
  1.2%1.9%
  12.8%4.7%
  4.6%1.9%
  25.8%7.6%
  0.0%0.1%
  2.1%4.2%
  10.8%9.3%
  12.1%14.0%
  6.7%2.1%
  6.2%7.0%
  4.4%4.8%
  0.8%4.7%
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