Zip 11385 (New York, NY) Economy


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11385 New York, NY is a great place to live, work and play. With its close proximity to Manhattan, it offers residents a unique mix of big-city amenities and suburban charm. Local businesses are plentiful, ranging from popular chain stores such as Target and Walmart to smaller local shops like K-Mart and Home Depot. There are also many restaurants to choose from including Mexican, Italian, Thai, Chinese and more. The cost of living in 11385 New York is higher than the U.S. average with 2 bedroom rent at $2,470 compared to the national average of $1,430. Additionally, the Grocery Cost Index in 11385 is 117 compared to 100 in the US which demonstrates that food costs are higher here than in other parts of the country. All in all 11385 New York remains a desirable location for many looking for an exciting lifestyle within close proximity of the city.

New York (zip 11385) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11385) 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 11385)
- The Sales Tax Rate for New York (zip 11385) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11385) 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 11385)
- The average income of a New York (zip 11385) resident is $24,197 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11385) resident is $77,350 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%
  $33,902$37,638
  $77,350$69,021
  $79,710$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  10.3%6.8%
  4.6%10.0%
  2.8%2.5%
  9.0%11.0%
  6.5%4.8%
  0.4%0.8%
  2.9%1.9%
  4.2%4.7%
  2.7%1.9%
  7.2%7.6%
  0.1%0.1%
  5.4%4.2%
  8.3%9.3%
  12.9%14.0%
  3.0%2.1%
  10.3%7.0%
  6.2%4.8%
  3.0%4.7%
Reviews for New York
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Over 14 years ago

I dont think theres any other place like Ridgewood in the country. Even in areas like Flushing where the numbers in diversity are amazing, theres different sections  More

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Over 17 years ago

This area may be fine for newcomers and really it is not a bad place to live. But I have grown tired of the population, houses sitting on houses, overcroweded shcools,  More

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