Zip 11221 (New York, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
11221 New York, NY is a great place to live and work. Located in Brooklyn, 11221 is known for its diverse culture and vibrant energy. Rent for a two-bedroom apartment in 11221 is $2,510 compared to the US average of $1,430. Grocery costs here are also higher than the US average, with an index of 120 versus 100 in the US.
Local companies in 11221 include the Brooklyn Navy Yard Development Corporation which oversees the historic Brooklyn Navy Yard; HDMZ, a leading creative agency; and Topshelf Records, an independent record label. There are also plenty of restaurants, bars, and cafes like The Finch and LeGrande Bistro. Whatever your interests or needs may be, 11221 has it all!

New York (zip 11221) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11221) 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 11221)
- The Sales Tax Rate for New York (zip 11221) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11221) 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 11221)
- The average income of a New York (zip 11221) resident is $19,340 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11221) resident is $66,923 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%
  $36,003$37,638
  $66,923$69,021
  $72,945$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  3.1%10.0%
  1.7%2.5%
  10.0%11.0%
  7.3%4.8%
  0.5%0.8%
  6.3%1.9%
  3.0%4.7%
  2.6%1.9%
  10.8%7.6%
  0.3%0.1%
  4.6%4.2%
  8.4%9.3%
  15.1%14.0%
  4.0%2.1%
  9.4%7.0%
  4.5%4.8%
  3.8%4.7%
Reviews for New York
    See all ()

Over 17 years ago

Living in Brooklyn is pretty tough. The younger you are the worst it is. I just turned 21, make $740 per week (before taxes of course), work about 55 hours a week (this  More

   |    Reply

Over 18 years ago

housing in bedford-stuyvesant is very high at the moment my sister recently bought a home in bethlehem PA now i'm looking to make a move myself.. to the  More

   |    Reply

Start Your Review of New York

Health