Zip 10038 (Financial District - Seaport, NY) Economy


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The Financial District and Seaport area of New York City, 10038 is a great place to live with its rich history and culture. The average two bedroom rent in 10038 is $3,590 compared to the US average of $1,430, making this an expensive area. However, there are several businesses located near this area that could provide financial relief to those living here. Companies such as Eataly NYC Downtown, Amish Market NYC Downtown, Battery Park Wine & Liquor, Charles Schwab Financial Center, Fulton Street Food Hall make 10038 a great place for locals to find daily necessities at reasonable prices. The Grocery Cost Index in this area is 120 versus 100 in the US providing an even more economical way of shopping for everyday items. Living in 10038 can be on the pricey side but the local amenities are worth it!

Financial District - Seaport (zip 10038) has an unemployment rate of 11.2%. The US average is 6.0%.

Financial District - Seaport (zip 10038) 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 Financial District - Seaport (zip 10038)
- The Sales Tax Rate for Financial District - Seaport (zip 10038) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Financial District - Seaport (zip 10038) 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 Financial District - Seaport (zip 10038)
- The average income of a Financial District - Seaport (zip 10038) resident is $59,309 a year. The US average is $28,555 a year.
- The Median household income of a Financial District - Seaport (zip 10038) resident is $99,924 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFinancial District - Seaport, New YorkUnited States
  11.26
  -12.4%-6.2%
  30.7%33.5%
  8.9%6.2%
  10.1%4.6%
  $70,399$37,638
  $99,924$69,021
  $101,103$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.8%6.8%
  2.3%10.0%
  2.8%2.5%
  8.6%11.0%
  2.1%4.8%
  0.1%0.8%
  5.0%1.9%
  20.1%4.7%
  2.2%1.9%
  22.0%7.6%
  0.5%0.1%
  2.0%4.2%
  8.3%9.3%
  9.4%14.0%
  2.3%2.1%
  2.7%7.0%
  3.1%4.8%
  4.9%4.7%
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