11220 New York, NY is a vibrant and diverse neighborhood located in the heart of Brooklyn. It is home to many local businesses and amenities that attract both residents and visitors alike. Two bedroom rent in 11220 New York, NY is $2,320 which is significantly higher than the US two bedroom rent rate of $1,430. The grocery cost index in 11220 New York, NY is also higher at 119 compared to 100 in the United States. Local companies in this area include King Fitness Gym, Dream Team Auto Repair, Grubhub Grocery Store, Unplug & Play Video Games, and Bistro Express. These businesses offer services that are beneficial to locals as well as visitors who come to explore this bustling borough.
New York (zip 11220) has an unemployment rate of 11.2%. The US average is 6.0%.
New York (zip 11220) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for New York (zip 11220)
- The Sales Tax Rate for New York (zip 11220) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11220) is 10.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New York (zip 11220)
- The average income of a New York (zip 11220) resident is $16,257 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11220) resident is $57,046 a year. The US average is $69,021 a year.