Zip 11691 (New York, NY) Economy


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11691 New York, NY is a great place to live as it offers a variety of amenities and activities to suit all needs. The area has a 2 bedroom rent of $2,490 which is significantly higher than the US average of $1,430. This can be attributed to the area's high cost of living. Interestingly, the grocery cost index in 11691 New York, NY is 114 compared to an average of 100 in the US. Therefore residents pay 14% more for groceries than most other areas in the United States.
The local economy in 11691 New York, NY benefits from many established businesses such as Dunkin’ Donuts, Pizza Hut and KFC. Additionally, there are numerous restaurants offering diverse cuisines from traditional Italian food at Marra's Restaurant and Pizzeria to Mediterranean fare at Zorba's Café & Bar and Japanese cuisine at Sushi Meals Inc. There are also several highly rated retail stores including Macy’s Department Store and Best Buy. All in all 11691 New York, NY has something for everyone!

New York (zip 11691) has an unemployment rate of 11.2%. The US average is 6.0%.

New York (zip 11691) 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 11691)
- The Sales Tax Rate for New York (zip 11691) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for New York (zip 11691) 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 11691)
- The average income of a New York (zip 11691) resident is $19,097 a year. The US average is $28,555 a year.
- The Median household income of a New York (zip 11691) resident is $54,877 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%
  $27,000$37,638
  $54,877$69,021
  $74,388$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.5%6.8%
  1.9%10.0%
  1.4%2.5%
  8.9%11.0%
  7.1%4.8%
  0.5%0.8%
  0.7%1.9%
  1.9%4.7%
  2.8%1.9%
  3.4%7.6%
  0.0%0.1%
  4.9%4.2%
  9.8%9.3%
  32.4%14.0%
  1.0%2.1%
  4.9%7.0%
  5.9%4.8%
  5.6%4.7%
Health