Zip 10504 (Armonk, NY) Economy


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10504 Armonk, NY is a great place to live and work. The area offers some of the highest quality of life in the state with its 2 bedroom rent around $3,050 and an overall grocery cost index of 114 compared to 100 in the US. It has an alluring mix of high-end retail stores, corporate offices, restaurants and outdoor activities that make it an amazing place to call home. Major companies in 10504 Armonk include IBM, PepsiCo, KPMG LLP, and Dannon Yogurt. These companies provide employment opportunities for local residents as well as a diverse customer base for local businesses. Additionally, the town provides plenty of recreational activities such as hiking trails at nearby Ward Pound Ridge Reservation and kayaking and boating on Titicus Reservoir. All these make 10504 Armonk a great place to live and work.

Armonk (zip 10504) has an unemployment rate of 6.2%. The US average is 6.0%.

Armonk (zip 10504) 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 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Armonk (zip 10504)
- The Sales Tax Rate for Armonk (zip 10504) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Armonk (zip 10504) 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 Armonk (zip 10504)
- The average income of a Armonk (zip 10504) resident is $111,145 a year. The US average is $28,555 a year.
- The Median household income of a Armonk (zip 10504) resident is $229,671 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArmonk, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $119,561$37,638
  $229,671$69,021
  $250,001$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.0%6.8%
  4.3%10.0%
  3.7%2.5%
  4.3%11.0%
  1.3%4.8%
  0.2%0.8%
  2.9%1.9%
  14.9%4.7%
  5.7%1.9%
  15.7%7.6%
  0.3%0.1%
  2.0%4.2%
  12.6%9.3%
  14.5%14.0%
  1.2%2.1%
  4.1%7.0%
  4.7%4.8%
  2.5%4.7%
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