11703 North Babylon, NY is an area known for its affordability. The average 2 bedroom rent in 11703 is $2,400 per month which is significantly higher than the U.S average of $1,430. The grocery cost index in 11703 is 104 compared to 100 across the US. This means that basic items such as groceries will be more expensive in 11703 than other areas. However, businesses are plentiful in this area; popular companies include Hertrich Ford Lincoln of Milford and Walmart Supercenter. Although rent and groceries are slightly more expensive compared to other places, 11703 North Babylon offers plenty of amenities making it a great place to live in with a reasonable cost of living.
North Babylon (zip 11703) has an unemployment rate of 6.1%. The US average is 6.0%.
North Babylon (zip 11703) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for North Babylon (zip 11703)
- The Sales Tax Rate for North Babylon (zip 11703) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for North Babylon (zip 11703) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Babylon (zip 11703)
- The average income of a North Babylon (zip 11703) resident is $34,442 a year. The US average is $28,555 a year.
- The Median household income of a North Babylon (zip 11703) resident is $110,889 a year. The US average is $69,021 a year.