Edgmont, PA Economy


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Edgmont, PA is a small suburban area located in the state of Pennsylvania. The average 2 bedroom rent here is $1,860, which is significantly more than the US average of $1,430. The grocery cost index in Edgmont is also higher than the US average at 112 versus 100. Some local companies that have been established in Edgmont are The J&G Deli Grocery Store and Edgmont Bank & Trust. These businesses offer a variety of goods and services to local residents. Additionally, Edgmont is home to several parks and recreational areas where residents can enjoy outdoor activities such as hiking and biking.

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

Edgmont 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 Edgmont
- The Sales Tax Rate for Edgmont is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edgmont 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 Edgmont
- The average income of a Edgmont resident is $75,789 a year. The US average is $28,555 a year.
- The Median household income of a Edgmont resident is $109,744 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdgmont, PennsylvaniaUnited States
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $69,947$37,638
  $109,744$69,021
  $149,801$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  5.2%6.8%
  11.0%10.0%
  0.0%2.5%
  9.9%11.0%
  0.7%4.8%
  0.7%0.8%
  2.4%1.9%
  17.5%4.7%
  0.8%1.9%
  12.0%7.6%
  0.0%0.1%
  5.0%4.2%
  5.4%9.3%
  18.1%14.0%
  3.4%2.1%
  5.0%7.0%
  0.9%4.8%
  0.0%4.7%
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