11203 New York, NY is a great city for those looking for urban living with some suburban amenities. The 2 bedroom rent in this area is much higher than the US average, at $2,290, and the grocery cost index is also significantly higher at 115 versus 100 in the US. For those who want to be close to the hustle and bustle of NYC nightlife, 11203 New York offers easy access to local businesses like Kings County Distillery, Brooklyn Grange Rooftop Farm, and City Reliquary Museum. There are also plenty of cafes and restaurants nearby where residents can enjoy fresh local food and drinks, like Cheryl’s Global Soul Food Kitchen & Bar or Miti Miti Cafe.
New York (zip 11203) has an unemployment rate of 11.2%. The US average is 6.0%.
New York (zip 11203) 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 11203)
- The Sales Tax Rate for New York (zip 11203) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11203) 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 11203)
- The average income of a New York (zip 11203) resident is $30,873 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 11203) resident is $61,414 a year. The US average is $69,021 a year.