Zip 19120 (Philadelphia, PA) Economy


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19120 Philadelphia, PA is an area with a relatively lower cost of living as compared to the US average. 2 bedroom rent in 19120 is $1,190 while the US average 2 bedroom rent is $1,430. Additionally, the grocery cost index in 19120 is 100 versus 100 in the US. Local companies in this Philadelphia zip code include Brightside Home Cleaning Services which provides home cleaning services, Sveta Ekaterina LLC which offers office supplies, and Charlie's Hair Supply offering hair care products and styling services. Many businesses offer online ordering for convenience or contactless pickup. With their reasonable prices and quality services and products, local businesses are thriving in this area.

Philadelphia (zip 19120) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19120) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Philadelphia (zip 19120)
- The Sales Tax Rate for Philadelphia (zip 19120) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19120) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Philadelphia (zip 19120)
- The average income of a Philadelphia (zip 19120) resident is $14,548 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia (zip 19120) resident is $44,195 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhiladelphia, PennsylvaniaUnited States
  10.66
  -7.2%-6.2%
  28.4%33.5%
  8.0%6.2%
  7.0%4.6%
  $19,894$37,638
  $44,195$69,021
  $44,363$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.6%6.8%
  9.1%10.0%
  2.2%2.5%
  10.0%11.0%
  6.3%4.8%
  0.7%0.8%
  1.1%1.9%
  3.7%4.7%
  0.9%1.9%
  2.3%7.6%
  0.1%0.1%
  5.7%4.2%
  6.8%9.3%
  25.5%14.0%
  1.2%2.1%
  6.9%7.0%
  7.1%4.8%
  5.7%4.7%
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