The Upper East Side of New York City is a highly desirable residential area and is home to many famous companies such as Saks Fifth Avenue, Tiffany & Co., Bloomingdale's, and Apple. The average two-bedroom rent in this neighborhood is $3,580, which is more than double the national average of $1,430. Furthermore, the grocery cost index in this area is 122 compared to 100 nationally, making it an expensive place to live. Despite these higher costs of living in the Upper East Side of New York City, it remains a desirable place for people who want access to some of the best shopping and dining around.
Upper East Side (zip 10128) has an unemployment rate of 11.2%. The US average is 6.0%.
Upper East Side (zip 10128) 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 10128)
- The Sales Tax Rate for Upper East Side (zip 10128) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Upper East Side (zip 10128) 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 10128)
- The average income of a Upper East Side (zip 10128) resident is $91,988 a year. The US average is $28,555 a year.
- The Median household income of a Upper East Side (zip 10128) resident is $127,919 a year. The US average is $69,021 a year.