Zip 11378 (New York, NY) Economy


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11378 New York, NY is an area of high cost of living but offers a lot in terms of companies and attractions. The average 2 bedroom rent for 11378 is $2,650 which is much higher than the US average of $1,430. Grocery costs are also significantly higher, with an index of 117 compared to 100 in the US. Despite the high cost of living, this neighborhood has a lot to offer. Some local companies include Fresh Direct and Famous Foods. Attractions include Flushing Meadows Park and the Queens Zoo. Additionally, there are many great restaurants located nearby such as El Coyote Taqueria and Malai Marke. With its high cost of living comes an array of ways to enjoy one's time in this neighborhood.

New York (zip 11378) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11378) has seen the job market decrease by -12.4% 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 11378)
- The Sales Tax Rate for New York (zip 11378) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11378) 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 11378)
- The average income of a New York (zip 11378) resident is $34,884 a year. The US average is $37,638 a year.
- The Median household income of a New York (zip 11378) resident is $85,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew York, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.7%
    Unlock1.9%
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    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
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