Zip 10040 (Washington Hts - Hudson Hts, NY) Economy


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10040 Washington Hts-Hudson Hts, NY is a great place to live with plenty of things to do and places to explore. The median 2 bedroom rent in this area is $2,290, which is significantly more than the US median of $1,430. However, the cost of living here is partially offset by the area's low grocery cost index - 114 compared to the national average of 100. There are several local businesses in 10040 Washington Hts-Hudson Hts that help make it a vibrant community. From entertainment venues such as Killy's Bar and Grill and Hudson Movie Theater to groceries stores like Food Bazaar Supermarket and Key Food Supermarket these local shops have everything residents need close at hand. With its competitive rental prices and low grocery costs, 10040 Washington Hts-Hudson Hts is an ideal place to call home.

Washington Hts - Hudson Hts (zip 10040) has an unemployment rate of 11.2%. The US average is 6.0%.

Washington Hts - Hudson Hts (zip 10040) 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 Washington Hts - Hudson Hts (zip 10040)
- The Sales Tax Rate for Washington Hts - Hudson Hts (zip 10040) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Washington Hts - Hudson Hts (zip 10040) 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 Washington Hts - Hudson Hts (zip 10040)
- The average income of a Washington Hts - Hudson Hts (zip 10040) resident is $24,468 a year. The US average is $28,555 a year.
- The Median household income of a Washington Hts - Hudson Hts (zip 10040) resident is $54,700 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashington Hts - Hudson Hts, New YorkUnited States
  11.26
  -12.4%-6.2%
  30.7%33.5%
  8.9%6.2%
  10.1%4.6%
  $30,929$37,638
  $54,700$69,021
  $68,148$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.5%6.8%
  4.3%10.0%
  1.8%2.5%
  8.4%11.0%
  5.2%4.8%
  0.0%0.8%
  4.0%1.9%
  3.6%4.7%
  3.9%1.9%
  8.9%7.6%
  0.0%0.1%
  5.1%4.2%
  12.9%9.3%
  17.7%14.0%
  4.0%2.1%
  7.4%7.0%
  7.6%4.8%
  1.6%4.7%
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