Business Advantage

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No matter what the size of your business -- or how many employees it may have -- Yonkers is an ideal place to establish or relocate your enterprise and the people who make it "go."

The benefits of doing business in Yonkers are numerous: An outstanding location bordering New York City. Reduced operating costs. Educated, productive workers. Excellent public transportation access. A unique combination of access to road, rail, water and air transportation. Financial incentives, governmental support and resources for continued growth. And fine quality of life.

Business Friendly

Yonkers is a synergistic mix of industrial, service and retail activity with a high retail sales-per-square-foot ratio. And, no matter what your business may be, it may be eligible for property tax abatements, sales tax exemptions, telephone/utility rate reductions plus many other forms of assistance.

Location Location Location

Bordering on New York City, Yonkers is 10 miles north of midtown Manhattan - at the hub of the tri-state area - offering virtually unequaled access to the nerve center of the world.

Affordable Labor

Yonkers offers the business owner/operator a culturally-diverse, well-prepared and extremely affordable labor pool as compared with other New York suburban areas:

Area Per-Capita Income /
1990 Census
Yonkers $17,484
Greater Westchester $25,584
Bergen County (NJ) $24,080
New Jersey (state) $18,714
Fairfield County (CT) $26,161
Connecticut (state) $20,189
Nassau County (L.I.) $23,352
Greater Long Island $20,884
Greater NY 17 Counties $23,043

Affordable Housing Costs

For executives and staff alike, Yonkers offers extremely moderate housing costs and property taxes. According to a mid-90s survey, the median price of a one-family house was $167,825, with property taxes under $4,000. For a two-bedroom co-op it was $57,000 and, for a two-bedroom condo $108,000. Median rent for a two-bedroom apartment was $800. While actual current figures may have shifted somewhat, the trend of extremely moderate housing costs, as compared with other area communities, has continued.

Need more? Call or e-mail the Chamber

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