Zip 10473 (New York, NY) Economy


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10473 New York, NY is a vibrant borough located in the Bronx. The local economy is mainly supported by industries such as finance, manufacturing, technology and retail. Companies like Target, Montefiore Medical Center, Walmart and CVS Pharmacy are all based in 10473. The cost of living in 10473 is slightly higher compared to the US average due to its proximity to Manhattan. 2 Bedroom rents around in 10473 are around $2,100 which is $670 more expensive than the US average. Groceries are also more expensive with a grocery cost index of 114 versus 100 in the US. 10473 offers many unique features that make it an attractive place to live including easy access to public transportation networks and many parks and green spaces for residents to enjoy.

New York (zip 10473) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 10473) 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 10473)
- The Sales Tax Rate for New York (zip 10473) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 10473) 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 10473)
- The average income of a New York (zip 10473) resident is $19,760 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 10473) resident is $48,212 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%
  $26,892$37,638
  $48,212$69,021
  $59,682$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.8%6.8%
  3.0%10.0%
  1.5%2.5%
  8.4%11.0%
  9.7%4.8%
  0.2%0.8%
  1.4%1.9%
  3.4%4.7%
  2.6%1.9%
  4.2%7.6%
  0.3%0.1%
  4.3%4.2%
  11.5%9.3%
  27.0%14.0%
  1.9%2.1%
  6.7%7.0%
  4.1%4.8%
  5.7%4.7%
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