Zip 11201 (New York, NY) Economy


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The 11201 area of New York, NY is a desirable location for many due to its proximity to quality restaurants and bars, transportation, shopping, and parks. A two bedroom apartment in this area would typically cost around $3,730 per month. This is significantly more expensive than the national average of $1,430 for a two bedroom. Many people choose to live in this area because of the local amenities or work opportunities at nearby companies such as Morgan Stanley, Con Edison, Ground Floor NYC, NYU Langone Health Center and Stuyvesant Town-Peter Cooper Village. If you're looking for an apartment in the 11201 area of NYC then it's worth considering these companies and their rental options.

New York (zip 11201) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11201) has seen the job market decrease by -12.4% 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 11201)
- The Sales Tax Rate for New York (zip 11201) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11201) 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 11201)
- The average income of a New York (zip 11201) resident is $98,155 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 11201) resident is $148,282 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, New YorkUnited States
    Unlock6
    Unlock-6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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    Unlock4.2%
    Unlock9.3%
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Reviews for New York
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Over 17 years ago

The Brooklyn Heights/Cobble Hill area gives you a great balance between a more laid back, less expensive outer-borough experience, and proximity to Manhattan. Great  More

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only problem is that few can afford to buy in now; also brooklyn heights is an anomaly among the "desirable" NYC neighborhoods in that there are few good restaurants,  More

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Will the services in the neighborhood catch up? Increased density would suggest that it will, but what will the lag  More

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