Zip 11238 (New York, NY) Economy


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11238 in New York, NY is an excellent place to live for those looking for a city lifestyle. It has a median two bedroom rent of $3,030 which is much higher than the US average of $1,430. There is also a high Grocery Cost Index in 11238 at 120 compared to 100 in the US. This area offers many local companies and amenities that are beneficial to its citizens such as Trader Joe's, Applebee's, and Williamsburg Savings Bank. Public transportation options such as the subway and bus routes make commuting around the city easier than ever before. Additionally there are plenty of recreational activities available such as Prospect Park Zoo, Brooklyn Botanic Garden, and Prospect Park. With so much to offer, 11238 makes for a great place to call home!

New York (zip 11238) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11238) 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 11238)
- The Sales Tax Rate for New York (zip 11238) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11238) 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 11238)
- The average income of a New York (zip 11238) resident is $40,557 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11238) resident is $114,427 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%
  $67,950$37,638
  $114,427$69,021
  $152,923$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  1.1%6.8%
  2.7%10.0%
  1.9%2.5%
  7.0%11.0%
  3.2%4.8%
  0.4%0.8%
  10.2%1.9%
  4.9%4.7%
  2.4%1.9%
  22.0%7.6%
  0.3%0.1%
  2.5%4.2%
  12.1%9.3%
  10.4%14.0%
  6.0%2.1%
  3.5%7.0%
  5.1%4.8%
  4.2%4.7%
Health