Malverne Park Oaks, NY is a great place to call home. It has all the amenities one could want in a suburban neighborhood with easy access to the city of New York. The rent for a two bedroom apartment is about $2,400, making it an affordable place to live. The grocery cost index in Malverne Park Oaks is quite high compared to the rest of the United States at 108 versus 100. There are plenty of good local companies that make up this community such as ABC Hardware, XYZ Grocers and LMN Fitness Center. Living here also provides access to some of the best schools in the state along with excellent healthcare facilities. All these factors make Malverne Park Oaks an attractive destination for people looking to settle down and build a life in New York City's suburbs.
Malverne Park Oaks has an unemployment rate of 5.9%. The US average is 6.0%.
Malverne Park Oaks has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Malverne Park Oaks
- The Sales Tax Rate for Malverne Park Oaks is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Malverne Park Oaks 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 Malverne Park Oaks
- The average income of a Malverne Park Oaks resident is $50,186 a year. The US average is $28,555 a year.
- The Median household income of a Malverne Park Oaks resident is $123,724 a year. The US average is $69,021 a year.