Zip 11222 (New York, NY) Economy


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11222 New York, NY is a popular neighborhood that offers tons of amenities. Companies like the Brooklyn Navy Yard, Brooklyn Bowl, East River Ferry, FSC Logistics and Urban Greenhouse are all located here. It's also home to many great restaurants, cafes and stores. The 2 Bedroom Rent in this area is $3,230 which is significantly higher than the US average of $1,430. Grocery Cost Index in this area is 120 versus the US average of 100 indicating that groceries are more expensive here. All in all 11222 New York, NY provides an exciting lifestyle with its many unique establishments but it comes at an increased cost.

New York (zip 11222) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11222) 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 11222)
- The Sales Tax Rate for New York (zip 11222) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11222) 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 11222)
- The average income of a New York (zip 11222) resident is $40,119 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11222) resident is $110,385 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%
  $64,289$37,638
  $110,385$69,021
  $122,292$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  2.9%10.0%
  1.9%2.5%
  8.4%11.0%
  2.3%4.8%
  0.2%0.8%
  11.6%1.9%
  5.2%4.7%
  2.6%1.9%
  22.5%7.6%
  0.2%0.1%
  2.3%4.2%
  7.5%9.3%
  6.6%14.0%
  7.3%2.1%
  5.6%7.0%
  5.1%4.8%
  3.4%4.7%
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