Allentown, PA Economy


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Allentown, PA is a popular city with much to offer. It is home to many large companies such as Air Products and Chemicals, PPL Corporation, and Olympus America. For those who enjoy the outdoors there are numerous attractions and parks like Dorney Park & Wildwater Kingdom, Lehigh Valley Zoo, and Lehigh Canal Park. For a bit of culture Allentown also has a vibrant arts scene including the Baum School of Art and Miller Symphony Hall. Shopping in Allentown is plentiful with the Lehigh Valley Mall, Hamilton Crossings Shopping Center, and Allentown Fairgrounds Farmers Market all providing great options for locals. With 2 bedroom rent being about $1,400 per month on average and groceries costing slightly more than the US average at 101 versus 100 on the cost index respectively; Allentown is an affordable place for families to settle down.

Allentown has an unemployment rate of 12.3%. The US average is 6.0%.

Allentown has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Allentown
- The Sales Tax Rate for Allentown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allentown is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Allentown
- The average income of a Allentown resident is $17,483 a year. The US average is $28,555 a year.
- The Median household income of a Allentown resident is $47,703 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllentown, PennsylvaniaUnited States
  12.36
  -6.4%-6.2%
  23.8%33.5%
  6.0%6.2%
  4.4%4.6%
  $22,976$37,638
  $47,703$69,021
  $52,150$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  5.0%6.8%
  12.8%10.0%
  4.0%2.5%
  11.3%11.0%
  12.3%4.8%
  0.6%0.8%
  1.7%1.9%
  2.6%4.7%
  1.3%1.9%
  3.9%7.6%
  0.1%0.1%
  6.7%4.2%
  6.1%9.3%
  14.9%14.0%
  1.7%2.1%
  7.8%7.0%
  5.1%4.8%
  1.7%4.7%
Reviews for Allentown
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Winter in Allentown is alright, mild temperatures, there isn't much snow but there are some nearby ski resorts with artificial snow. In the summer there are some fun  More

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do you like cold and snow? Allentown may not be the coldest place in the country but it gets very cold and the winter feels endless...arctic blast after another and  More

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Over 9 years ago

This is a beautiful place, kept clean by weekly street sweeping. A multitude of parks exist including the exceptional Rose Garden and sports fields, and people use them  More

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