Monsey, NY Economy


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Monsey, NY is a small town that has plenty to offer. It is home to many businesses such as Ben's Deli, Monsey Glatt, Goldberger's Bakery, Yanky's Shul, and J&R Poultry. Rent for two bedroom apartments in Monsey is slightly higher than the US average at $2,470 versus the US 2 Bedroom Rent of $1,430. Additionally, the Grocery Cost Index in Monsey is 109 which is a bit higher than the national average of 100. Despite this, Monsey remains a popular place to live due to its convenience and friendly community atmosphere.

Monsey has an unemployment rate of 5.6%. The US average is 6.0%.

Monsey has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Monsey
- The Sales Tax Rate for Monsey is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Monsey 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 Monsey
- The average income of a Monsey resident is $12,943 a year. The US average is $37,638 a year.
- The Median household income of a Monsey resident is $43,843 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonsey, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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