10032 Washington Heights in New York is known for its convenient location with easy access to major metropolitan transportation routes. In this area, residents can find many local businesses including Joe's Hardware, The Laundry Center, and El Paso Grocery Store. The average 2 bedroom rent in Washington Heights is $2,100 per month which is significantly higher than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Washington Heights is 117 versus 100 in the US which means groceries cost more in Washington Heights than other parts of the country. All together this makes the overall cost of living in 10032 Washington Heights relatively high compared to other places across the United States.
Washington Heights (zip 10032) has an unemployment rate of 11.2%. The US average is 6.0%.
Washington Heights (zip 10032) 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 Washington Heights (zip 10032)
- The Sales Tax Rate for Washington Heights (zip 10032) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Washington Heights (zip 10032) 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 Washington Heights (zip 10032)
- The average income of a Washington Heights (zip 10032) resident is $19,137 a year. The US average is $28,555 a year.
- The Median household income of a Washington Heights (zip 10032) resident is $55,059 a year. The US average is $69,021 a year.