Zip 10704 (Yonkers, NY) Economy


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Yonkers, NY 10704 is an ideal place to live. The two bedroom rents in the area are around $1,990, which is significantly lower than the rest of the United States at $1,430. The grocery cost index in Yonkers is 107 compared to 100 in the US making food and other necessities more affordable as well. Local companies such as Citibank, UBS Financial Services and Riverfront Library are just a few of the great amenities available in Yonkers. There are also many parks nearby such as Tibbetts Brook Park and Untermyer Park which offer plenty of outdoor activities for residents. With its great location and low costs, Yonkers is a great place to call home.

Yonkers (zip 10704) has an unemployment rate of 7.6%. The US average is 6.0%.

Yonkers (zip 10704) 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 10704)
- The Sales Tax Rate for Yonkers (zip 10704) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Yonkers (zip 10704) 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 10704)
- The average income of a Yonkers (zip 10704) resident is $33,551 a year. The US average is $28,555 a year.
- The Median household income of a Yonkers (zip 10704) resident is $88,341 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%
  $40,555$37,638
  $88,341$69,021
  $106,715$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  9.3%6.8%
  2.7%10.0%
  1.9%2.5%
  9.6%11.0%
  7.2%4.8%
  0.8%0.8%
  2.2%1.9%
  4.7%4.7%
  2.5%1.9%
  4.9%7.6%
  0.0%0.1%
  3.3%4.2%
  12.7%9.3%
  19.6%14.0%
  3.5%2.1%
  4.8%7.0%
  6.0%4.8%
  4.0%4.7%
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