Zip 10462 (New York, NY) Economy


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10462 is a zip code located in the Bronx, New York. The 2 bedroom rent in this area is much higher than the national average at $2,520, which shows a highly desirable area to live. Despite the high cost of rent, living in 10462 has its advantages. The Grocery Cost Index for this zip code is also higher than the US average at 108, indicating access to more high quality food options.
Living in 10462 has something for everyone - from outdoor activities like Orchard Beach Park or Van Cortlandt Park to exciting city nightlife and entertainment. There are plenty of unique local businesses to explore like Empanology or La Casa Del Mofongo Restaurant & Bar, both offering delicious food choices for locals and visitors alike. Shopping centers such as The Hub Shopping Center offer an array of retail options and there are plenty of art galleries and museums nearby to explore too. With so much to do and see in 10462 New York, it’s easy to see why residents love living here!

New York (zip 10462) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 10462) 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 New York (zip 10462)
- The Sales Tax Rate for New York (zip 10462) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 10462) 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 New York (zip 10462)
- The average income of a New York (zip 10462) resident is $22,296 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 10462) resident is $59,032 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, New YorkUnited States
  11.26
  -12.4%-6.2%
  30.7%33.5%
  8.9%6.2%
  10.1%4.6%
  $28,350$37,638
  $59,032$69,021
  $64,969$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.1%6.8%
  4.6%10.0%
  1.2%2.5%
  10.1%11.0%
  9.3%4.8%
  0.3%0.8%
  1.3%1.9%
  3.4%4.7%
  3.8%1.9%
  5.3%7.6%
  0.1%0.1%
  4.5%4.2%
  8.7%9.3%
  23.4%14.0%
  2.3%2.1%
  7.5%7.0%
  3.9%4.8%
  5.1%4.7%
Reviews for New York
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Over 5 years ago

Pros: I give four stars because I was raise there and know most of the people and businesses. It created a sense of belonging, very diverse, a lot stores, public  More

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