Zip 10986 (Tomkins Cove, NY) Economy


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Tomkins Cove, NY is a small community located in Rockland county. With a population of 10986, it is an attractive area for those looking for a peaceful place to live. The median rent for a 2 bedroom apartment in Tomkins Cove is $3,340, slightly higher than the national US average of $1,430. Grocery costs in Tomkins Cove are also high with an index rating of 107 compared to 100 nationally. Despite the higher cost of living, local businesses and services such as Zepka Automotive Repair and Hyde Park Athletic Club offer residents reliable services at competitive prices. All in all, Tomkins Cove is an excellent choice for those looking for a cozy area to call home.

Tomkins Cove (zip 10986) has an unemployment rate of 5.6%. The US average is 6.0%.

Tomkins Cove (zip 10986) 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 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Tomkins Cove (zip 10986)
- The Sales Tax Rate for Tomkins Cove (zip 10986) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Tomkins Cove (zip 10986) 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 Tomkins Cove (zip 10986)
- The average income of a Tomkins Cove (zip 10986) resident is $46,963 a year. The US average is $28,555 a year.
- The Median household income of a Tomkins Cove (zip 10986) resident is $186,726 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTomkins Cove, New YorkUnited States
  5.66
  -6.4%-6.2%
  27.8%33.5%
  8.4%6.2%
  6.2%4.6%
  $56,953$37,638
  $186,726$69,021
  $197,083$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  3.1%10.0%
  8.0%2.5%
  21.7%11.0%
  3.2%4.8%
  0.8%0.8%
  4.2%1.9%
  3.3%4.7%
  1.0%1.9%
  8.9%7.6%
  0.0%0.1%
  3.8%4.2%
  13.4%9.3%
  8.2%14.0%
  2.1%2.1%
  2.4%7.0%
  10.8%4.8%
  1.1%4.7%
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