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 increase by 0.7% 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 $11,313 a year. The US average is $28,555 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
  5.66
  -6.4%-6.2%
  27.8%33.5%
  8.4%6.2%
  6.2%4.6%
  $12,943$37,638
  $43,843$69,021
  $45,690$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.2%6.8%
  2.7%10.0%
  4.3%2.5%
  8.6%11.0%
  2.7%4.8%
  0.0%0.8%
  2.2%1.9%
  4.0%4.7%
  4.4%1.9%
  5.9%7.6%
  0.1%0.1%
  1.6%4.2%
  33.3%9.3%
  11.1%14.0%
  0.5%2.1%
  6.6%7.0%
  8.4%4.8%
  0.4%4.7%
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