Zip 10501 (Amawalk, NY) Economy


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10501 Amawalk, NY is an area in Westchester County known for its access to nature and bucolic landscapes. The cost of living here is slightly higher than the US average with a two bedroom renting for $2,170 compared to the national average of $1,430. Grocery costs are also higher with a grocery cost index of 109 compared with 100 in the US.
The local economy is supported by numerous small businesses located throughout 10501 Amawalk, NY. These include Hudson Saw Milling Company which specializes in lumber and millwork, Eco-Metro Solutions which offers green energy solutions, and AMS Hallmark Masonry & Landscaping for landscaping services and creative masonry work. All these companies provide quality goods and services while providing employment opportunities to local residents and contributing to the local economy.

Amawalk (zip 10501) has an unemployment rate of 6.2%. The US average is 6.0%.

Amawalk (zip 10501) 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 Amawalk (zip 10501)
- The Sales Tax Rate for Amawalk (zip 10501) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Amawalk (zip 10501) 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 Amawalk (zip 10501)
- The average income of a Amawalk (zip 10501) resident is $56,348 a year. The US average is $28,555 a year.
- The Median household income of a Amawalk (zip 10501) resident is $237,361 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmawalk, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $71,776$37,638
  $237,361$69,021
  $249,306$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.3%6.8%
  4.6%10.0%
  0.0%2.5%
  14.1%11.0%
  0.6%4.8%
  0.6%0.8%
  0.0%1.9%
  4.0%4.7%
  18.7%1.9%
  9.0%7.6%
  0.0%0.1%
  4.9%4.2%
  13.3%9.3%
  17.8%14.0%
  1.5%2.1%
  6.2%7.0%
  0.0%4.8%
  2.3%4.7%
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