Zip 11961 (Ridge, NY) Economy


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11961 Ridge, NY is a great town for people looking to enjoy a more rural lifestyle with easy access to a variety of amenities. The median 2-bedroom rent price is $2,040, making it an affordable option for those looking to settle down away from the hustle and bustle of the city. Popular local companies include PepsiCo, Morgan Stanley, and JPMorgan Chase & Co., giving residents plenty of employment opportunities. The Grocery Cost Index in 11961 Ridge is 104 versus 100 in the US, meaning that groceries are slightly more expensive than on average in the US but still relatively affordable. All together, 11961 Ridge offers a peaceful lifestyle with all the necessary amenities at an affordable cost of living.

Ridge (zip 11961) has an unemployment rate of 6.1%. The US average is 6.0%.

Ridge (zip 11961) 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 Ridge (zip 11961)
- The Sales Tax Rate for Ridge (zip 11961) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Ridge (zip 11961) 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 Ridge (zip 11961)
- The average income of a Ridge (zip 11961) resident is $34,220 a year. The US average is $28,555 a year.
- The Median household income of a Ridge (zip 11961) resident is $73,549 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidge, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $45,021$37,638
  $73,549$69,021
  $104,656$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  10.0%6.8%
  6.4%10.0%
  2.2%2.5%
  8.3%11.0%
  5.7%4.8%
  0.8%0.8%
  0.6%1.9%
  3.2%4.7%
  0.9%1.9%
  9.9%7.6%
  0.0%0.1%
  3.5%4.2%
  16.3%9.3%
  15.0%14.0%
  3.1%2.1%
  4.0%7.0%
  6.0%4.8%
  4.0%4.7%
Health