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Queens County · New York · Northeast · 16k residents

Floral Park, NY: economy, jobs & business costs

The site-selection read on Floral Park: labor costs, talent, corporate tax, energy, and business activity, with the New York median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

Average weekly wages in the surrounding labor market run $1,366/wk. New York's corporate income tax rate is 7.25%. Commercial electricity averages 18.8¢/kWh.

Compare Floral Park side by side

Avg. weekly wage

$1,366/wk

≈ US median

Corporate income tax

7.25%

≈ US median

Bachelor's degree or higher

59.8%

+58% vs state medianhigher than 88% of US cities

Commercial electricity

18.8¢/kWh

cheaper than 23% of US cities

Economic momentum

How fast Floral Park's economy is moving, ranked against the US cities we track.

2/100

Cooling

Jobs: -2.5% (bottom 2%)
Momentum slowing · 65 over 4 yr

Ranks Floral Park's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.

All facets · Floral Park
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Real listings in Floral Park

LoopNetCrexiCommercialCafe

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Questions & answers
Is Floral Park a good place to run a business?
New York's corporate income tax rate is 7.25%; average weekly wages in the surrounding labor market run $1,366/wk; commercial electricity averages 18.8¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in Floral Park, NY?
Floral Park indexes at 150 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,782/mo and a acs median home value of $789,600.
How much does a house cost in Floral Park?
The acs median home value in Floral Park is $789,600 (Census ACS estimate; individual listings vary).
How much is rent in Floral Park?
A two-bedroom in Floral Park rents for about $2,782/mo.