18508 Scranton, PA is an ideal place to live if you're looking for affordability and convenience. With 2 bedroom rent at $1,070, it's well below the US average of $1,430. Groceries also cost less in this area with a cost index of 96 versus the US average of 100. In terms of local businesses, 18508 Scranton is home to companies such as Geisinger Medical Center, University of Scranton, Kovatch Mobile Equipment Corporation, Penn Foster College, Pepsi Bottling Group and Lackawanna College. Each offers unique products and services that cater to the needs of those living in and around 18508 Scranton.
Scranton (zip 18508) has an unemployment rate of 8.7%. The US average is 6.0%.
Scranton (zip 18508) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Scranton (zip 18508)
- The Sales Tax Rate for Scranton (zip 18508) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 18508) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Scranton (zip 18508)
- The average income of a Scranton (zip 18508) resident is $19,168 a year. The US average is $28,555 a year.
- The Median household income of a Scranton (zip 18508) resident is $41,461 a year. The US average is $69,021 a year.