Zip 11001 (Floral Park, NY) Economy


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11001 Floral Park, NY is a small unincorporated community located in Nassau County on Long Island. It is close to major highways, local shopping centers, and entertainment venues such as the New York Botanical Garden and Flushing Meadows Corona Park. The two-bedroom rent for this area is approximately $2,260 per month which is significantly higher than the US average which is $1,430. Additionally, grocery cost index in Floral Park is 110 compared to the US average of 100. Local companies in this area include Subway, True Value Hardware Store and Floral Expressions Florist. Some amenities near 11001 Floral Park that residents can take advantage of include access to parks and recreational facilities such as basketball courts and playgrounds as well as plenty of restaurants and shops.

Floral Park (zip 11001) has an unemployment rate of 6.2%. The US average is 6.0%.

Floral Park (zip 11001) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Floral Park (zip 11001)
- The Sales Tax Rate for Floral Park (zip 11001) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Floral Park (zip 11001) 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 Floral Park (zip 11001)
- The average income of a Floral Park (zip 11001) resident is $51,591 a year. The US average is $37,638 a year.
- The Median household income of a Floral Park (zip 11001) resident is $132,344 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFloral Park, 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%
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