The Financial District-Battery Park City area of New York is an ideal location for people looking to live and work in a bustling city. With a 2 bedroom rent at $3,670, it is slightly more expensive than the US average of $1,430. However, groceries in the area are relatively affordable with their index of 119 compared to the US average index of 100. In addition to reasonable living costs, Financial District-Battery Park City plays host to many businesses such as Goldman Sachs Group Inc., JPMorgan Chase & Co., The Bank of New York Mellon Corporation and American Express Company. These major corporations make this financial district one of the best places to develop a career in banking or finance.
Financial District - Battery Park City (zip 10006) has an unemployment rate of 11.2%. The US average is 6.0%.
Financial District - Battery Park City (zip 10006) 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 Financial District - Battery Park City (zip 10006)
- The Sales Tax Rate for Financial District - Battery Park City (zip 10006) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Financial District - Battery Park City (zip 10006) 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 - Battery Park City (zip 10006)
- The average income of a Financial District - Battery Park City (zip 10006) resident is $118,859 a year. The US average is $37,638 a year.
- The Median household income of a Financial District - Battery Park City (zip 10006) resident is $200,536 a year. The US average is $69,021 a year.