Zip 11565 (Malverne, NY) Economy


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11565 Malverne, NY is an excellent place to live for families, young professionals, and anyone interested in a suburban lifestyle. Two bedroom rent in the area is around $2,400 per month, making it more affordable than the US average of $1,430. Additionally, grocery costs are estimated to be 8% higher than the national average. The area offers a variety of local companies and amenities including restaurants like La Vecchia Osteria Italiana and Starbucks Coffee, as well as entertainment venues such as Omnitheater at Hudson Park. There are also shopping centers like the Green Acres Mall and health care options like Mercy Medical Center Nassau. With so many activities close by, 11565 Malverne is an inviting community to call home.

Malverne (zip 11565) has an unemployment rate of 6.2%. The US average is 6.0%.

Malverne (zip 11565) 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 Malverne (zip 11565)
- The Sales Tax Rate for Malverne (zip 11565) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Malverne (zip 11565) 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 Malverne (zip 11565)
- The average income of a Malverne (zip 11565) resident is $48,527 a year. The US average is $28,555 a year.
- The Median household income of a Malverne (zip 11565) resident is $138,192 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMalverne, New YorkUnited States
  6.26
  -6.6%-6.2%
  27.9%33.5%
  8.6%6.2%
  6.2%4.6%
  $62,129$37,638
  $138,192$69,021
  $151,756$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.8%6.8%
  3.0%10.0%
  1.5%2.5%
  6.3%11.0%
  5.1%4.8%
  0.0%0.8%
  5.5%1.9%
  7.6%4.7%
  0.3%1.9%
  11.4%7.6%
  1.0%0.1%
  2.3%4.2%
  17.9%9.3%
  14.4%14.0%
  2.0%2.1%
  2.9%7.0%
  2.4%4.8%
  6.6%4.7%
Reviews for Malverne
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Over 6 years ago

I've been a resident since 1984. I love the Incorporated Village of Malverne (other than the Village taxes!). We have our own Police Department, so it's been rated one  More

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Over 18 years ago

Malverne is an excellent community with a small town feel where everyone seems to know each other. Public schools are awful (I know I attended) Private schooling is the  More

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