Zip 11563 (Lynbrook, NY) Economy


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11563 Lynbrook, NY is a great place to live due to its convenient location and array of local amenities. The two bedroom rent in the area averages around $2,350 which is quite affordable given that the US average for 2 bedroom rent is $1,430. Furthermore, grocery cost index in Lynbrook is 107 whereas it’s 100 across the US as a whole. This makes it an ideal area for families looking for quality living standards without breaking their budget.
There are plenty of local companies within easy reach from 11563 Lynbrook – some of these include Uno Pizzeria & Grill, Claddagh Irish Pub & Restaurant, Rise N Shine Bagels & Deli and Sandbar Ale House & Grill among others. Each restaurant offers something unique from Italian-style pizzas to specialty craft beers and delicious deli sandwiches. Shoppers will also find lots of great stores nearby such as Handcraft Jewelers, Payless ShoeSource and Home Town Pet Grooming which offer jewelry items, shoes and pet grooming services respectively with competitive prices.
The area also has plenty of recreational activities available including parks like Chestnut Park which provides a playground and basketball courts; New York Hall of Science with interactive science experiences; Queens Zoo where families can explore more than 500 animals from all over the world; fitness centers; museums; movie theaters and so much more! 11563 Lynbrook is certainly a great neighborhood to consider when thinking about settling down in New York.

Lynbrook (zip 11563) has an unemployment rate of 6.2%. The US average is 6.0%.

Lynbrook (zip 11563) 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 Lynbrook (zip 11563)
- The Sales Tax Rate for Lynbrook (zip 11563) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Lynbrook (zip 11563) 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 Lynbrook (zip 11563)
- The average income of a Lynbrook (zip 11563) resident is $39,341 a year. The US average is $28,555 a year.
- The Median household income of a Lynbrook (zip 11563) resident is $124,978 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynbrook, New YorkUnited States
  6.26
  -6.6%-6.2%
  27.9%33.5%
  8.6%6.2%
  6.2%4.6%
  $57,436$37,638
  $124,978$69,021
  $158,212$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.2%6.8%
  2.6%10.0%
  4.4%2.5%
  9.6%11.0%
  6.7%4.8%
  1.3%0.8%
  2.8%1.9%
  7.4%4.7%
  2.5%1.9%
  6.5%7.6%
  0.0%0.1%
  3.4%4.2%
  16.7%9.3%
  14.8%14.0%
  1.3%2.1%
  3.8%7.0%
  3.4%4.8%
  6.6%4.7%
Health