Zip 10007 (Tribeca - Financial District, NY) Economy


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Tribeca-Financial District, NY 10007 is an affluent area in downtown Manhattan. It is a popular place for people to live and work due to its close proximity to Wall Street and other thriving businesses. The 2 bedroom rent for this area is $3,660, which is more than double the US average of $1,430. The Grocery Cost Index for this area is also higher than the national average with a score of 131 versus 100 in the US.
There are many local companies in Tribeca-Financial District that attract workers from around the city. Notable businesses include Goldman Sachs Group Inc., Fidelity Investments, and Aon plc; all of which are global leaders in their respective industries. Additionally, there are numerous small cafes, bars and stores that contribute to the vibrant atmosphere of the neighborhood.

Tribeca - Financial District (zip 10007) has an unemployment rate of 11.2%. The US average is 6.0%.

Tribeca - Financial District (zip 10007) 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 Tribeca - Financial District (zip 10007)
- The Sales Tax Rate for Tribeca - Financial District (zip 10007) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Tribeca - Financial District (zip 10007) 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 Tribeca - Financial District (zip 10007)
- The average income of a Tribeca - Financial District (zip 10007) resident is $169,727 a year. The US average is $37,638 a year.
- The Median household income of a Tribeca - Financial District (zip 10007) resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTribeca - Financial District, 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%
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