Zip 10021 (Upper East Side, NY) Economy


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The Upper East Side of Manhattan in New York City is a highly desirable neighborhood. As of 2019, the average 2 bedroom rent price for the area was $3,660, which is over double the US average rent of $1,430. The cost index for groceries in this area is also much higher than the national average at 125 versus 100. The Upper East Side of NYC offers residents access to incredible restaurants and shopping options as well as proximity to some of the city’s best cultural institutions. Notable local businesses include Citarella Gourmet Market and Eli’s Essentials Grocery Store, Café D’Alsace, and Shake Shack. There are also several museums such as The Metropolitan Museum of Art and The Frick Collection that are within walking distance from many residences in the area.

Upper East Side (zip 10021) has an unemployment rate of 11.2%. The US average is 6.0%.

Upper East Side (zip 10021) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Upper East Side (zip 10021)
- The Sales Tax Rate for Upper East Side (zip 10021) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Upper East Side (zip 10021) is 10.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Upper East Side (zip 10021)
- The average income of a Upper East Side (zip 10021) resident is $120,640 a year. The US average is $37,638 a year.
- The Median household income of a Upper East Side (zip 10021) resident is $136,060 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUpper East Side, New YorkUnited States
  11.26
  -12.4%-6.2%
  30.7%33.5%
  8.9%6.2%
  10.1%4.6%
  $120,640$37,638
  $136,060$69,021
  $237,661$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.0%6.8%
  5.1%10.0%
  1.6%2.5%
  5.4%11.0%
  0.9%4.8%
  0.3%0.8%
  7.5%1.9%
  16.1%4.7%
  4.9%1.9%
  18.6%7.6%
  0.0%0.1%
  2.1%4.2%
  7.8%9.3%
  17.1%14.0%
  4.4%2.1%
  1.1%7.0%
  3.9%4.8%
  1.3%4.7%
Reviews for Upper East Side
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Upscale, Younger Mix Young Digerati are tech-savvy and live in fashionable neighborhoods on the urban fringe. Affluent, highly educated, and ethnically mixed, Young  More

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It's an OK neighbourhood, too sterile for me. though, close to the Central park and Museum Mile. Rents start from $1,500. Lots of sport bars and restaurants (some of  More

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