Zip 11230 (New York, NY) Economy


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11230 New York, NY is a vibrant neighborhood located in the Brooklyn borough of the city. The average rent for a two-bedroom apartment here is $2,480, which is nearly 70% higher than the national average ($1,430). Additionally, groceries in this area have an index rating of 121—21 points higher than the national average.
The neighborhood is home to many prominent businesses, such as the Kesser Wine & Spirits and Pacific Fresh Seafood. These companies offer their customers quality products at competitive prices. Just to name a few other local stores: XYZ Bagel Company offers freshly baked bagels and pastries; Brooklyn Bagel & Coffee Co. serves breakfast classics made with locally sourced ingredients; and Seth’s Clothing Boutique is where shoppers can find stylish threads from designer labels like Gucci and Prada.

New York (zip 11230) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11230) 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 11230)
- The Sales Tax Rate for New York (zip 11230) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11230) 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 11230)
- The average income of a New York (zip 11230) resident is $30,782 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 11230) resident is $61,017 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
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    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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