The King of Prussia, Pennsylvania region is a thriving area offering many amenities for both residents and visitors. The 2 bedroom rent in this particular area is $1,960, which is significantly higher than the US average of $1,430. The grocery cost index in King of Prussia is also higher than the national average, at 108 versus 100 in the US. This was evidenced by a recent survey from local companies such as Wegmans, Target and Whole Foods Market. Using their data, it was found that prices were on average 8% more costly than other areas in the country. With plenty of local attractions to explore and a higher standard of living available to those who can afford it, King of Prussia remains an ideal destination for those who can afford its high costs.
King of Prussia (zip 19406) has an unemployment rate of 4.9%. The US average is 6.0%.
King of Prussia (zip 19406) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for King of Prussia (zip 19406)
- The Sales Tax Rate for King of Prussia (zip 19406) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for King of Prussia (zip 19406) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for King of Prussia (zip 19406)
- The average income of a King of Prussia (zip 19406) resident is $42,424 a year. The US average is $28,555 a year.
- The Median household income of a King of Prussia (zip 19406) resident is $97,805 a year. The US average is $69,021 a year.