Zip 10708 (Yonkers, NY) Economy


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The city of Yonkers, NY is located in Westchester County, and has a population of around 200,000 people. It is a great place to live with access to the Hudson River and many parks and trails. The 2 bedroom rent in Yonkers is $2,160, which is significantly higher than the US average of $1,430. Grocery costs index in Yonkers is 113 versus 100 in the US. There are plenty of local businesses to explore in the city including Yonkers Brewing Co., Cross County Shopping Center, Untermyer Park & Gardens, Hudson River Museum and Saw Mill River Daylighting.

Yonkers (zip 10708) has an unemployment rate of 7.6%. The US average is 6.0%.

Yonkers (zip 10708) 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 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Yonkers (zip 10708)
- The Sales Tax Rate for Yonkers (zip 10708) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Yonkers (zip 10708) 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 Yonkers (zip 10708)
- The average income of a Yonkers (zip 10708) resident is $65,777 a year. The US average is $28,555 a year.
- The Median household income of a Yonkers (zip 10708) resident is $113,298 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYonkers, New YorkUnited States
  7.66
  -6.3%-6.2%
  25.5%33.5%
  8.9%6.2%
  6.2%4.6%
  $84,464$37,638
  $113,298$69,021
  $160,880$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  6.5%6.8%
  3.8%10.0%
  2.1%2.5%
  5.7%11.0%
  1.5%4.8%
  0.8%0.8%
  6.0%1.9%
  11.0%4.7%
  3.8%1.9%
  11.7%7.6%
  0.2%0.1%
  1.5%4.2%
  17.3%9.3%
  12.9%14.0%
  2.7%2.1%
  3.8%7.0%
  5.3%4.8%
  3.2%4.7%
Reviews for Yonkers
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Over 17 years ago

I love the neighborhood. Its alittle expensive but for someone who works in the city its  More

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