Zip 11558 (Island Park, NY) Economy


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equestId":"3811f2af-6ab1-46a9-a9f4-7e4a006d8794","resource":"content","data":[{"id":"txt_6ae033176f06424784a6fdb73069aecc","text":", explain the rent and cost of living index.\n \n11558 Island Park, New York is a great place to live and work. The two bedroom rent for this area is $2,190 which is significantly higher than the US average of $1,430. With a grocery cost index of 107 versus 100 in the US, it can be challenging to find affordable options for food and other necessities. There are many local businesses that offer employment opportunities such as La Belle Excuse Bar & Restaurant, East Coast Seafood Market, and Advanced Auto Parts. It is worth noting that despite the higher cost of living associated with 11558 Island Park, NY there are still job opportunities available in the area.

Island Park (zip 11558) has an unemployment rate of 6.2%. The US average is 6.0%.

Island Park (zip 11558) has seen the job market increase by 0.9% 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 Island Park (zip 11558)
- The Sales Tax Rate for Island Park (zip 11558) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Island Park (zip 11558) 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 Island Park (zip 11558)
- The average income of a Island Park (zip 11558) resident is $33,703 a year. The US average is $28,555 a year.
- The Median household income of a Island Park (zip 11558) resident is $96,710 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIsland Park, New YorkUnited States
  6.26
  -6.6%-6.2%
  27.9%33.5%
  8.6%6.2%
  6.2%4.6%
  $41,728$37,638
  $96,710$69,021
  $120,952$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.1%6.8%
  7.7%10.0%
  2.6%2.5%
  6.9%11.0%
  3.6%4.8%
  0.4%0.8%
  3.9%1.9%
  7.7%4.7%
  0.7%1.9%
  9.0%7.6%
  0.0%0.1%
  3.6%4.2%
  12.5%9.3%
  10.1%14.0%
  4.4%2.1%
  7.3%7.0%
  3.9%4.8%
  3.6%4.7%
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