Westchester County · New York · Northeast · 83k residents
New Rochelle, NY: economy, jobs & business costs
The site-selection read on New Rochelle: 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 $1,827/wk. New York's corporate income tax rate is 7.25%. Commercial electricity averages 18.8¢/kWh.
Compare New Rochelle side by side
Avg. weekly wage
$1,827/wk
Corporate income tax
7.25%
Bachelor's degree or higher
51.6%
Commercial electricity
18.8¢/kWh
Economic momentum
How fast New Rochelle's economy is moving, ranked against the US cities we track.
70/100
Heating
Ranks New Rochelle'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.
| ACS median home value | $702,500 |
| Price per sq. ft. | $300 |
| Property tax rate | 1.6% |
| 1-bedroom rent | $1,793/mo |
| 2-bedroom rent | $2,123/mo |
| State & local income tax | 4.07% |
| Sales tax | 8.5% |
| Corporate income tax | 7.25% |
| Avg. weekly wage | $1,827/wk |
| Bachelor's degree or higher | 51.6% |
| Commercial electricity | 18.8¢/kWh |
| Businesses per 1k residents | 37.5/1k |
| Wage: Software developer | $166,830 |
| Wage: Registered nurse | $119,720 |
| Wage: General manager | $157,000 |
| Wage: Customer service | $49,590 |
| Wage: Warehouse worker | $38,600 |
| Wage: Heavy truck driver | $65,040 |
| Wage: Electrician | $79,020 |
| Wage: Retail salesperson | $38,280 |
| Cost of living index | 135 |
| Groceries index | 108 |
| Utilities | $190/mo |
| Transit pass | $127/mo |
| Gas price | $3.50/gal |
| Healthcare index | 105 |
| Childcare (per child) | $1,400/mo |
| Median household income | $109,167 |
| Unemployment rate | 4.3% |
| Population | 83k |
| Crime index | 40/100 |
| School rating | 6.5/10 |
| Walkability | 34/100 |
| Disaster risk | 96/100 |
| Avg. commute | 33 min |
| Sunny days / year | 180 days |
| July high | 86°F |
| January low | 27°F |
| Annual snowfall | — |
| Home price YoY | +8.3% |
| Home price MoM | +0.2% |
| Rent YoY | +3.4% |
| Rent MoM | +1.1% |
| Employment (jobs) YoY | +0.9% |
| Building permits YoY | — |
| Ocean coast | 15 mi |
| Big lake | 44 mi |
| Mountains | 81 mi |
| Major airport | 10 mi |
| Ski resort | 83 mi |
Popular comparisons
Nearby
- Mount Vernon, NY · 72k
- Eastchester, NY · 20k
- Mamaroneck, NY · 20k
- Scarsdale, NY · 18k
- Harrison, NY · 30k
Similar size
- Cheektowaga, NY · 76k
- Schenectady, NY · 69k
- Albany, NY · 100k
- Utica, NY · 64k
- White Plains, NY · 61k
Real listings in New Rochelle
LoopNet ↗Crexi ↗CommercialCafe ↗
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- Is New Rochelle 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 $1,827/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 New Rochelle, NY?
- New Rochelle indexes at 135 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,123/mo and a acs median home value of $702,500.
- How much does a house cost in New Rochelle?
- The acs median home value in New Rochelle is $702,500 (Census ACS estimate; individual listings vary).
- How much is rent in New Rochelle?
- A two-bedroom in New Rochelle rents for about $2,123/mo.