11417 New York, NY is an area with a high cost of living compared to the U.S. average. The 2 bedroom rent in this area is $2,530 while the U.S. average is $1,430 for the same size living space. Additionally, this area has a higher grocery cost index of 115 compared to 100 in the United States. This makes surviving in this area more expensive than other areas around the country and even some cities within New York State itself.
Local companies that help residents deal with these costs include local food pantries such as Bed-Stuy Campaign Against Hunger and Brooklyns Finest Food Bank Network that offer free groceries and resources for those struggling financially in this area. Additionally, businesses such as Ability Moving & Storage NYC offer discounted rates for local moving services helping make it easier for residents to move into or out of this particular zip code without breaking their budget too drastically.
New York (zip 11417) has an unemployment rate of 11.2%. The US average is 6.0%.
New York (zip 11417) 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 11417)
- The Sales Tax Rate for New York (zip 11417) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11417) 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 11417)
- The average income of a New York (zip 11417) resident is $24,237 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11417) resident is $78,498 a year. The US average is $69,021 a year.