Zip 11204 (New York, NY) Economy


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11204 New York, NY is one of the most unique and vibrant neighborhoods in Brooklyn. It offers a range of activities for locals and visitors alike, including dining at some of the city's top restaurants and shopping at local stores such as Brooklyn Express Market, Joanne Fabric & Craft Store and Aldi Grocery Store. The area also has plenty of parks and green spaces to explore. The 2 bedroom rent in 11204 is $2,270 compared to $1,430 in the US which reflects a slightly higher cost of living; however this is still quite reasonable when considering other expenses such as groceries which have an index of 119 versus 100 in the US.

New York (zip 11204) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11204) 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 11204)
- The Sales Tax Rate for New York (zip 11204) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11204) 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 11204)
- The average income of a New York (zip 11204) resident is $20,284 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11204) resident is $58,850 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%
  $23,986$37,638
  $58,850$69,021
  $65,359$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.3%6.8%
  4.6%10.0%
  3.3%2.5%
  8.8%11.0%
  8.5%4.8%
  0.4%0.8%
  1.7%1.9%
  3.6%4.7%
  2.6%1.9%
  6.5%7.6%
  0.0%0.1%
  4.3%4.2%
  10.2%9.3%
  19.8%14.0%
  1.4%2.1%
  8.7%7.0%
  4.9%4.8%
  2.4%4.7%
Reviews for New York
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Over 15 years ago

Great place to live - and vacation! On the expensive side, but the people are nice, the place is safe and beautiful, and it's in the  More

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