Zip 10034 (Inwood, NY) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Inwood, NY 10034 is an idyllic neighborhood located in the northernmost part of Manhattan. With its close proximity to the Hudson River and Central Park, this area offers many outdoor activities for visitors and residents alike. There are also plenty of restaurants, bars, and cafes to explore which offer a variety of cuisines. Renting a two bedroom apartment in the area costs around $2,290 per month and grocery prices are approximately 14% higher than the US index.. Aside from housing costs and grocery bills, Inwood is home to popular local businesses such as Isabella's Bakery & Cafe where customers can purchase freshly baked pastries or coffee; Vida Verde NYC offering natural health remedies; The Laundry Room by F&R providing laundry services; and The Inwood Art Works which showcases art exhibitions by local artists. With all that it has to offer, it's no surprise that Inwood is one of the most desirable neighborhoods in Manhattan.

Inwood (zip 10034) has an unemployment rate of 11.2%. The US average is 6.0%.

Inwood (zip 10034) has seen the job market decrease by -12.4% 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 Inwood (zip 10034)
- The Sales Tax Rate for Inwood (zip 10034) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Inwood (zip 10034) 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 Inwood (zip 10034)
- The average income of a Inwood (zip 10034) resident is $33,616 a year. The US average is $37,638 a year.
- The Median household income of a Inwood (zip 10034) resident is $63,851 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyInwood, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.