Zip 11370 (New York, NY) Economy


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11370 New York, NY is an incredible place to live, offering a diverse range of opportunities and activities. The average two bedroom rent in the area is $2,690, which is slightly more expensive than the US average of $1,430. The grocery cost index in 11370 New York, NY is 117 versus 100 in the US. There are many local businesses located in this area that provide a wide variety of products and services to residents and visitors alike. Some of these include Metro Deli Grocery Store, Yummy Bakery Shop, Elmhurst Diner Restaurant and Baitong Thai Cuisine Restaurant. These businesses support the local economy while providing people with access to quality goods and services.

New York (zip 11370) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11370) 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 11370)
- The Sales Tax Rate for New York (zip 11370) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11370) 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 11370)
- The average income of a New York (zip 11370) resident is $18,161 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11370) resident is $67,241 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%
  $26,565$37,638
  $67,241$69,021
  $88,609$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.6%6.8%
  3.8%10.0%
  3.1%2.5%
  9.4%11.0%
  9.9%4.8%
  0.6%0.8%
  3.4%1.9%
  3.7%4.7%
  3.2%1.9%
  6.2%7.6%
  0.0%0.1%
  5.5%4.2%
  9.0%9.3%
  12.2%14.0%
  1.8%2.1%
  8.5%7.0%
  7.4%4.8%
  4.6%4.7%
Health