Zip 11217 (New York, NY) Economy


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11217 New York, NY is a great place to live with plenty to do and many local businesses to choose from. The 2 bedroom rental rate in 11217 New York, NY is $3,780 which is significantly higher than the US 2 bedroom rental rate of $1,430. This may seem like a steep price but it is offset by the lower grocery cost index of 122 compared to the national average of 100. Some popular local companies in 11217 New York, NY include Brooklyn Soup Company, Brooklyn Arts Council and Brooklyn Habitat for Humanity ReStore. With a diverse range of businesses available there is something for everyone!

New York (zip 11217) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11217) 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 11217)
- The Sales Tax Rate for New York (zip 11217) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11217) 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 11217)
- The average income of a New York (zip 11217) resident is $53,380 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11217) resident is $133,269 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%
  $85,813$37,638
  $133,269$69,021
  $176,625$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  2.1%6.8%
  3.7%10.0%
  1.3%2.5%
  7.8%11.0%
  1.1%4.8%
  0.2%0.8%
  8.9%1.9%
  8.6%4.7%
  3.2%1.9%
  22.9%7.6%
  0.1%0.1%
  2.6%4.2%
  9.4%9.3%
  11.7%14.0%
  4.9%2.1%
  3.2%7.0%
  4.7%4.8%
  3.4%4.7%
Reviews for New York
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Over 10 years ago

Difficult. Nothing is easy to do or quick, despite being in one of the best transportation areas of NYC, some of the best cultural activities, best housing, and  More

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