10001 Chelsea – West Midtown, NY is a vibrant, bustling neighborhood in the heart of Manhattan. Located near Times Square and the iconic Empire State Building, this area offers plenty of cultural attractions. It is home to many major businesses as well, such as VF Corporation, Pfizer Inc., and Thomson Reuters. Residents have access to ample shopping opportunities at stores like Uniqlo and Saks Fifth Avenue. Furthermore, the two bedroom rent in 10001 Chelsea – West Midtown is significantly higher than the US average at $3,700 per month compared to $1,430 per month on average across the country. Grocery costs also tend to be higher here with an index score of 128 versus just 100 in the US overall. All in all, 10001 Chelsea – West Midtown provides an exciting space for both work and leisure activities.
Chelsea - West Midtown (zip 10001) has an unemployment rate of 11.2%. The US average is 6.0%.
Chelsea - West Midtown (zip 10001) has seen the job market increase by 0.5% 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 Chelsea - West Midtown (zip 10001)
- The Sales Tax Rate for Chelsea - West Midtown (zip 10001) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Chelsea - West Midtown (zip 10001) 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 Chelsea - West Midtown (zip 10001)
- The average income of a Chelsea - West Midtown (zip 10001) resident is $77,512 a year. The US average is $28,555 a year.
- The Median household income of a Chelsea - West Midtown (zip 10001) resident is $101,409 a year. The US average is $69,021 a year.