Zip 11020 (University Gardens, NY) Economy


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United States / New York / New York-Newark-Jersey City Metro Area / Nassau County / No City / University Gardens (zip 11020)
11020 University Gardens, NY is an ideal location for renters looking for a balance between affordability and value. This neighborhood has 2 bedroom apartments available for rent at $2,580 which is quite reasonable when compared to other cities in the US where the average 2 bedroom rent is $1,430. Grocery costs are also relatively low here with the index sitting at 117 versus 100 in the US. Residents of this area enjoy access to local businesses such as The Learning Experience, Tom's Tots Daycare Center and Modell’s Sporting Goods. Those looking to live in 11020 University Gardens will find that cost of living is very attractive compared to other places in New York State.

University Gardens (zip 11020) has an unemployment rate of 5.5%. The US average is 6.0%.

University Gardens (zip 11020) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.

Tax Rates for University Gardens (zip 11020)
- The Sales Tax Rate for University Gardens (zip 11020) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for University Gardens (zip 11020) 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 University Gardens (zip 11020)
- The average income of a University Gardens (zip 11020) resident is $60,677 a year. The US average is $28,555 a year.
- The Median household income of a University Gardens (zip 11020) resident is $168,319 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUniversity Gardens, New YorkUnited States
  5.56
  -6.6%-6.2%
  29.0%33.5%
  8.6%6.2%
  6.2%4.6%
  $69,067$37,638
  $168,319$69,021
  $180,227$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  2.9%6.8%
  4.8%10.0%
  6.0%2.5%
  8.9%11.0%
  4.5%4.8%
  0.0%0.8%
  4.8%1.9%
  9.6%4.7%
  1.2%1.9%
  11.4%7.6%
  0.0%0.1%
  1.9%4.2%
  11.2%9.3%
  19.2%14.0%
  4.1%2.1%
  3.2%7.0%
  4.8%4.8%
  0.5%4.7%
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