Wilkes-Barre, PA Economy


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Wilkes-Barre, PA is a great place to live! The cost of living is lower compared to the national average, making it an affordable choice for many. Rent for a two bedroom apartment in Wilkes-Barre averages $1,000 per month, while the US average is $1,430. The grocery cost index in Wilkes-Barre also comes in at 96 versus 100 nationally. \nThe city has plenty of attractions to offer locals and visitors alike. Notable local companies include Geisinger Health System, Kistler O’Brien Fire Protection and FNCB Bank. Attractions such as Mohegan Sun Arena at Casey Plaza, Montage Mountain Ski Resort and the Lackawanna Coal Mine Tour are popular destinations for visitors year round. With so many amenities and cultural offerings, Wilkes-Barre is a great city to call home.

Wilkes-Barre has an unemployment rate of 12.1%. The US average is 6.0%.

Wilkes-Barre 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 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Wilkes-Barre
- The Sales Tax Rate for Wilkes-Barre is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilkes-Barre is 6.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wilkes-Barre
- The average income of a Wilkes-Barre resident is $17,329 a year. The US average is $28,555 a year.
- The Median household income of a Wilkes-Barre resident is $42,430 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilkes-Barre, PennsylvaniaUnited States
  12.16
  -6.1%-6.2%
  22.9%33.5%
  6.0%6.2%
  6.1%4.6%
  $22,199$37,638
  $42,430$69,021
  $53,526$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  5.1%6.8%
  13.1%10.0%
  2.4%2.5%
  11.3%11.0%
  7.5%4.8%
  1.2%0.8%
  1.4%1.9%
  4.8%4.7%
  1.1%1.9%
  2.6%7.6%
  0.0%0.1%
  6.1%4.2%
  7.2%9.3%
  15.5%14.0%
  2.1%2.1%
  9.7%7.0%
  4.6%4.8%
  4.0%4.7%
Reviews for Wilkes-Barre
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Over 4 years ago

I had the privilege of being born and raised here in Wilkes-Barre. Unfortunately, the town has deteriorated tremendously. I shall list pros vs.  More

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Over 17 years ago

Wilkes-Barre was a wonderful place to go to college. With two schools near each other (King's College and Wilkes College) the atmosphere was exciting. The city of itself  More

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