Folcroft, PA Economy


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Folcroft, PA is a great place for people who want to live in an affordable and convenient area. The 2 bedroom rent in Folcroft is $1,580, which is a bit higher than the US average of $1,430. In addition, the grocery cost index in Folcroft is 101 versus 100 in the US. This means that groceries are slightly more expensive than the national average. Folcroft has many local businesses such as Kiki’s Corner Store, S&S Auto Repair, and Folcroft Animal Hospital that make it easy for residents to take care of everyday needs without having to travel too far away.

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

Folcroft 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 Folcroft
- The Sales Tax Rate for Folcroft is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Folcroft is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Folcroft
- The average income of a Folcroft resident is $20,753 a year. The US average is $28,555 a year.
- The Median household income of a Folcroft resident is $55,039 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFolcroft, PennsylvaniaUnited States
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $22,143$37,638
  $55,039$69,021
  $61,046$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  7.1%10.0%
  2.7%2.5%
  15.4%11.0%
  10.9%4.8%
  1.9%0.8%
  0.9%1.9%
  3.7%4.7%
  1.8%1.9%
  2.1%7.6%
  0.0%0.1%
  6.2%4.2%
  9.0%9.3%
  18.4%14.0%
  0.4%2.1%
  6.8%7.0%
  7.7%4.8%
  0.8%4.7%
Health
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