Zip 10701 (Yonkers, NY) Economy


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10701 Yonkers, NY is a great city located in Westchester County near the Hudson River. It is known for its high quality of life and numerous local businesses. Rent for two bedroom apartments in 10701 Yonkers, NY is $1,720, which is $290 more than the national average. The Grocery Cost Index in the area is 107 versus 100 in the US. This means that grocery costs are slightly higher than the national average. Some of the local companies located within 10701 Yonkers, NY include Walgreens Pharmacy, TD Bank, The Gap Clothing Store and Starbucks Coffee. There are many other local businesses located within the area and all serve to contribute to its vibrant culture and thriving economy.

Yonkers (zip 10701) has an unemployment rate of 7.6%. The US average is 6.0%.

Yonkers (zip 10701) 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 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Yonkers (zip 10701)
- The Sales Tax Rate for Yonkers (zip 10701) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Yonkers (zip 10701) 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 Yonkers (zip 10701)
- The average income of a Yonkers (zip 10701) resident is $24,114 a year. The US average is $28,555 a year.
- The Median household income of a Yonkers (zip 10701) resident is $55,553 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYonkers, New YorkUnited States
  7.66
  -6.3%-6.2%
  25.5%33.5%
  8.9%6.2%
  6.2%4.6%
  $32,613$37,638
  $55,553$69,021
  $63,292$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  6.9%6.8%
  3.9%10.0%
  2.6%2.5%
  8.6%11.0%
  9.7%4.8%
  0.9%0.8%
  1.3%1.9%
  4.0%4.7%
  1.6%1.9%
  5.0%7.6%
  0.0%0.1%
  3.5%4.2%
  9.1%9.3%
  20.9%14.0%
  2.1%2.1%
  8.3%7.0%
  5.9%4.8%
  5.3%4.7%
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