10018 Midtown West, NY is a vibrant area with plenty of retail and entertainment outlets. It has some of the highest rental costs in the region, averaging around $3,590 for a two-bedroom apartment. This is significantly more expensive than the national average of $1,430 for a similar unit. Additionally, grocery prices in 10018 Midtown West are much higher than the US average, with an index reading of 122. Despite these high living costs, 10018 Midtown West is home to many renowned companies such as New York Life Insurance Company, TD Bank USA National Association and Scholastic Incorporated. It is also close to major tourist attractions like Times Square and Central Park. All this makes it an attractive destination for those who can afford the cost of living.
Midtown West (zip 10018) has an unemployment rate of 11.2%. The US average is 6.0%.
Midtown West (zip 10018) has seen the job market increase by 0.5% 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 Midtown West (zip 10018)
- The Sales Tax Rate for Midtown West (zip 10018) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Midtown West (zip 10018) 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 Midtown West (zip 10018)
- The average income of a Midtown West (zip 10018) resident is $76,632 a year. The US average is $28,555 a year.
- The Median household income of a Midtown West (zip 10018) resident is $130,457 a year. The US average is $69,021 a year.