Ridley Park, PA Economy


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Ridley Park, PA is a small borough located just outside of Philadelphia. With its close proximity to the city and its low 2 bedroom rental rate of $1,180 compared to the US average of $1,430, Ridley Park has become an attractive destination for commuters and young families alike. The borough is home to several local companies such as Ridley Park Pharmacy, Ridley Fitness LLC, and the Ridley Park Historical Society. The Grocery Cost Index (GCI) in Ridley Park is 103 compared to 100 in the US which means that groceries here are slightly more expensive than most places in America.

Ridley Park has an unemployment rate of 7.1%. The US average is 6.0%.

Ridley Park has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Ridley Park
- The Sales Tax Rate for Ridley Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ridley Park 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 Ridley Park
- The average income of a Ridley Park resident is $30,861 a year. The US average is $28,555 a year.
- The Median household income of a Ridley Park resident is $86,730 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidley Park, PennsylvaniaUnited States
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $42,601$37,638
  $86,730$69,021
  $107,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.5%6.8%
  10.8%10.0%
  3.0%2.5%
  7.7%11.0%
  3.1%4.8%
  0.4%0.8%
  3.5%1.9%
  7.7%4.7%
  0.8%1.9%
  4.5%7.6%
  0.0%0.1%
  2.9%4.2%
  9.2%9.3%
  20.6%14.0%
  1.2%2.1%
  3.4%7.0%
  4.5%4.8%
  3.1%4.7%
Health
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