Zip 11420 (New York, NY) Economy


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11420 New York, NY is a great place to live. This area of the city offers many different amenities for its residents. The average two bedroom rent in the area is $2,440 which is significantly more than the national average of $1,430. Additionally, grocery cost index in this area is 115 versus 100 in the US making it a great option for shoppers looking for a good deal on food items.
The area also has many attractions such as The Long Island Aquarium and Exhibition Center and Splish Splash Waterpark which provide fun activities for people of all ages. As far as businesses go, popular places include Walmart Supercenter, Target, Starbucks and Applebee's. All these places are within close proximity to 11420 New York and make living here an enjoyable experience!

New York (zip 11420) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11420) 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 11420)
- The Sales Tax Rate for New York (zip 11420) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11420) 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 11420)
- The average income of a New York (zip 11420) resident is $22,129 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11420) resident is $89,027 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%
  $30,126$37,638
  $89,027$69,021
  $91,119$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.2%6.8%
  4.0%10.0%
  1.8%2.5%
  10.9%11.0%
  14.8%4.8%
  0.5%0.8%
  1.9%1.9%
  4.2%4.7%
  2.7%1.9%
  4.5%7.6%
  0.1%0.1%
  4.3%4.2%
  6.0%9.3%
  19.0%14.0%
  1.4%2.1%
  4.1%7.0%
  5.1%4.8%
  6.1%4.7%
Health