Zip 10451 (New York, NY) Economy


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\n10451 New York, NY is a bustling area located in the Bronx. It is home to companies such as Macy's, Bank of America, Walden University and New Balance Shoe Store. According to recent data, 2 bedroom rent in 10451 is much higher than the US average at $2,070 compared to $1,430. Additionally, grocery costs are considerably more expensive with the cost index at 109 compared to 100 in the US. This could make living in 10451 a challenge for those with a limited budget.

New York (zip 10451) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 10451) 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 New York (zip 10451)
- The Sales Tax Rate for New York (zip 10451) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 10451) 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 New York (zip 10451)
- The average income of a New York (zip 10451) resident is $23,006 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 10451) resident is $33,945 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, 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%
Reviews for New York
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Where I live, I do not suggest anyone live here for long. It is not the best of neighborhoods. it is somewhere to save money and plan for a better  More

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