11374 New York is an area located in the borough of Queens. With a population of over 49,000 people and growing, this area makes for an ideal residential location. This neighborhood is known for its diverse culture and easy access to public transportation. There are several local businesses that make up this community including Eat Well Grocery Store, Anytime Cafe & Restaurant, Blue Horizon Printing Inc., and The Home Depot. The nearby parks such as Flushing Meadows Corona Park provide a great setting for outdoor activities such as hiking and biking. 11374 also offers easy access to major airports as well as the bus and subway system which connect locals with other parts of New York City. In addition, 2 bedroom rent prices in 11374 are around $2,890 while the US average is $1,430 - making it slightly more expensive than other parts of the country. The Grocery Cost Index (GCI) in 11374 is 117 versus 100 in the US - making it more expensive than average when it comes to groceries.
New York (zip 11374) has an unemployment rate of 11.2%. The US average is 6.0%.
New York (zip 11374) 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 11374)
- The Sales Tax Rate for New York (zip 11374) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11374) 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 11374)
- The average income of a New York (zip 11374) resident is $32,415 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11374) resident is $79,221 a year. The US average is $69,021 a year.