Westchester County · New York · Northeast · 210k residents
Yonkers, NY: economy, jobs & business costs
The site-selection read on Yonkers: 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 Yonkers side by side
Avg. weekly wage
$1,827/wk
Corporate income tax
7.25%
Bachelor's degree or higher
35.7%
Commercial electricity
18.8¢/kWh
Economic momentum
How fast Yonkers's economy is moving, ranked against the US cities we track.
51/100
Steady
Ranks Yonkers's residential building-permit and 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 | $501,600 |
| Price per sq. ft. | $300 |
| Property tax rate | 1.6% |
| 1-bedroom rent | $1,624/mo |
| 2-bedroom rent | $1,867/mo |
| State & local income tax | 5.77% |
| Sales tax | 8.5% |
| Corporate income tax | 7.25% |
| Avg. weekly wage | $1,827/wk |
| Bachelor's degree or higher | 35.7% |
| 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 | 121 |
| 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 | $83,549 |
| Unemployment rate | 4.3% |
| Population | 210k |
| Crime index | 40/100 |
| School rating | 6.5/10 |
| Walkability | 38/100 |
| Disaster risk | 96/100 |
| Avg. commute | 33 min |
| Sunny days / year | 180 days |
| July high | 86°F |
| January low | 23°F |
| Annual snowfall | 33 in |
| Home price YoY | +6.0% |
| Home price MoM | +0.2% |
| Rent YoY | +5.6% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | +0.9% |
| Building permits YoY | -30.9% |
| Ocean coast | 19 mi |
| Big lake | 45 mi |
| Mountains | 77 mi |
| Major airport | 11 mi |
| Ski resort | 77 mi |
Popular comparisons
Nearby
- Mount Vernon, NY · 72k
- Eastchester, NY · 20k
- New Rochelle, NY · 83k
- Scarsdale, NY · 18k
- Mamaroneck, NY · 20k
Similar size
- Rochester, NY · 209k
- Syracuse, NY · 146k
- Buffalo, NY · 277k
- Albany, NY · 100k
- Cheektowaga, NY · 76k
Real listings in Yonkers
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Yonkers 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 Yonkers, NY?
- Yonkers indexes at 121 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,867/mo and a acs median home value of $501,600.
- How much does a house cost in Yonkers?
- The acs median home value in Yonkers is $501,600 (Census ACS estimate; individual listings vary).
- How much is rent in Yonkers?
- A two-bedroom in Yonkers rents for about $1,867/mo.