Zip 11937 (Springs, NY) Economy


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11937 Springs, NY is an excellent place to live in for those looking for a peaceful lifestyle. The 2 bedroom rent in this area is $2,800 which is quite affordable compared to the US average of $1,430. Additionally, 11937 Springs' Grocery Cost Index is 119 versus the 100 in the US. This means that groceries are more expensive than average here. For example, local companies like 'Big Basket General Store' offer quality food products at slightly higher prices than other parts of the country but with exceptional customer service. 'Safe & Secure Locksmiths', another great local company, provides locksmith services and security systems for homes and businesses alike at fair rates. Lastly, 'Rainbow Cleaners' offers clothing cleaning and laundry services at unbeatable prices. All these companies provide excellent services to ensure that life in 11937 Springs is comfortable and secure.

Springs (zip 11937) has an unemployment rate of 6.1%. The US average is 6.0%.

Springs (zip 11937) 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 Springs (zip 11937)
- The Sales Tax Rate for Springs (zip 11937) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Springs (zip 11937) 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 Springs (zip 11937)
- The average income of a Springs (zip 11937) resident is $52,494 a year. The US average is $28,555 a year.
- The Median household income of a Springs (zip 11937) resident is $124,469 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySprings, New YorkUnited States
  6.16
  -6.6%-6.2%
  26.8%33.5%
  8.6%6.2%
  6.2%4.6%
  $78,783$37,638
  $124,469$69,021
  $142,140$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  10.2%6.8%
  2.8%10.0%
  1.3%2.5%
  10.5%11.0%
  2.0%4.8%
  0.5%0.8%
  2.3%1.9%
  7.9%4.7%
  5.1%1.9%
  11.7%7.6%
  0.0%0.1%
  8.0%4.2%
  10.6%9.3%
  10.4%14.0%
  2.8%2.1%
  4.8%7.0%
  6.9%4.8%
  1.9%4.7%
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