11237 New York, NY is a vibrant place to live with a unique culture and energy all its own. It is home to many of the world’s biggest companies like Google, Microsoft, and Amazon located in nearby Manhattan. The cost of living in this area is quite high due to its close proximity to New York City and its amenities; however, it offers a variety of local restaurants and stores. The grocery cost index for 11237 is 118 which is higher than the US index of 100. Additionally, the average 2 bedroom rent in 11237 is $2,370 which is more expensive than the national average of $1,430. Living in 11237 can be an expensive endeavor; however it offers many opportunities that may make it worth it!
New York (zip 11237) has an unemployment rate of 11.2%. The US average is 6.0%.
New York (zip 11237) 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 11237)
- The Sales Tax Rate for New York (zip 11237) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11237) 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 11237)
- The average income of a New York (zip 11237) resident is $18,373 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11237) resident is $65,908 a year. The US average is $69,021 a year.