Zip 10505 (Baldwin Place, NY) Economy


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10505 Baldwin Place, NY is a great place to live with plenty of local amenities nearby. The 2 Bedroom Rent in 10505 Baldwin Place, NY is $2,450 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 10505 Baldwin Place, NY is 112 versus 100 in the US – making it comparatively more expensive to buy food in this area. Local companies worth checking out include Simplicity Kitchens & Design Inc., Gotham Garage Door Company and Big Apple Chimney Sweep LLC. All in all, 10505 Baldwin Place makes for an attractive option due to its close proximity to amenities and dynamic businesses. The cost of living may be slightly higher than other areas but it’s definitely worth it for those looking for an exciting place to call home.

Baldwin Place (zip 10505) has an unemployment rate of 6.2%. The US average is 6.0%.

Baldwin Place (zip 10505) 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 Baldwin Place (zip 10505)
- The Sales Tax Rate for Baldwin Place (zip 10505) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Baldwin Place (zip 10505) 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 Baldwin Place (zip 10505)
- The average income of a Baldwin Place (zip 10505) resident is $54,114 a year. The US average is $28,555 a year.
- The Median household income of a Baldwin Place (zip 10505) resident is $150,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaldwin Place, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $55,333$37,638
  $150,179$69,021
  $171,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.9%6.8%
  4.9%10.0%
  10.1%2.5%
  10.1%11.0%
  1.2%4.8%
  1.6%0.8%
  0.0%1.9%
  8.5%4.7%
  0.0%1.9%
  12.5%7.6%
  0.0%0.1%
  4.5%4.2%
  14.7%9.3%
  14.2%14.0%
  0.0%2.1%
  6.2%7.0%
  5.7%4.8%
  0.0%4.7%
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