Zip 11355 (New York, NY) Economy


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Living in 11355 New York, NY is not inexpensive. The average 2 bedroom rent comes in at $2,460 per month. This is significantly more than the national average of $1,430 for two bedrooms. Grocery costs are also higher, with an index of 117 compared to the US average of 100. However, there are companies that can help make living in 11355 more affordable. For instance, Red Lion Real Estate offers discounted apartments and rental units in 11355 with flexible lease terms at competitive rates. New York City Housing Authority has many resources available to help low-income renters find subsidized housing options within 11355 and across the city. Additionally, StuyTown Property Services works to provide quality living spaces throughout 11355 at lower costs than traditional rentals. With a bit of research and careful consideration these local companies offer affordable living solutions for those looking for a home in the area.

New York (zip 11355) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11355) 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 11355)
- The Sales Tax Rate for New York (zip 11355) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11355) 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 11355)
- The average income of a New York (zip 11355) resident is $19,811 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11355) resident is $46,963 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%
  $25,450$37,638
  $46,963$69,021
  $52,556$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  4.4%10.0%
  2.3%2.5%
  8.8%11.0%
  7.8%4.8%
  0.1%0.8%
  1.4%1.9%
  5.2%4.7%
  1.9%1.9%
  6.7%7.6%
  0.0%0.1%
  3.3%4.2%
  4.4%9.3%
  18.6%14.0%
  1.1%2.1%
  15.6%7.0%
  10.2%4.8%
  2.1%4.7%
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The real estate has increased 6 or 7 times for the past ten  More

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