Bronx, NY County is a popular area for people looking for affordable housing. The rent for a two-bedroom apartment in the area is $2,450, which is significantly lower than the average US rent of $1,430. Additionally, Bronx has an above-average Grocery Cost Index of 113 compared to the US average of 100. This makes it an attractive option for families and individuals who want to save money on basic living costs. Popular companies in the Bronx include TD Bank, Home Depot, and Montefiore Medical Center. All these companies provide excellent job opportunities and contribute to the local economy.
Bronx County has an unemployment rate of 15.3%. The US average is 6.0%.
Bronx County has seen the job market decrease by -12.4% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Bronx County
- The Sales Tax Rate for Bronx County is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Bronx County 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 Bronx County
- The average income of a Bronx County resident is $23,862 a year. The US average is $37,638 a year.
- The Median household income of a Bronx County resident is $43,726 a year. The US average is $69,021 a year.