Zip 10588 (Shrub Oak, NY) Economy


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10588 Shrub Oak, NY is a great place to live. It is situated in Westchester County and offers its residents an excellent quality of life. The median 2 bedroom rent in 10588 Shrub Oak, NY is $2,270; slightly higher than the US average of $1,430. The local grocery cost index in this area is 106 versus 100 in the US, making it slightly more expensive to buy groceries here than elsewhere. There are many great businesses that call this region home such as Fox Cleaners Inc., Corso Contacts LLC., Toddlers Welcome Day Care Center, and NannyGo LLC. All of these companies provide jobs for the local community and contribute to its economy. On the whole, 10588 Shrub Oak has a high cost of living compared to other areas but with its lovely scenery and thriving businesses it is still an appealing place for individuals or families looking for a change of scenery.

Shrub Oak (zip 10588) has an unemployment rate of 5.6%. The US average is 6.0%.

Shrub Oak (zip 10588) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Shrub Oak (zip 10588)
- The Sales Tax Rate for Shrub Oak (zip 10588) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Shrub Oak (zip 10588) 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 Shrub Oak (zip 10588)
- The average income of a Shrub Oak (zip 10588) resident is $35,192 a year. The US average is $28,555 a year.
- The Median household income of a Shrub Oak (zip 10588) resident is $119,620 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShrub Oak, New YorkUnited States
  5.66
  -6.3%-6.2%
  27.0%33.5%
  4.4%6.2%
  6.2%4.6%
  $57,924$37,638
  $119,620$69,021
  $145,658$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.7%6.8%
  2.2%10.0%
  0.0%2.5%
  4.5%11.0%
  10.9%4.8%
  0.9%0.8%
  2.3%1.9%
  0.9%4.7%
  1.5%1.9%
  23.0%7.6%
  0.0%0.1%
  7.6%4.2%
  17.0%9.3%
  15.0%14.0%
  0.9%2.1%
  5.9%7.0%
  0.9%4.8%
  4.5%4.7%
Health