Jessup, PA Economy


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Jessup borough is a town in Northeastern Pennsylvania located just outside of Wilkes Barre and Scranton. It is an affordable area with 2 bedroom rent averaging $1,050 versus the US average of $1,430. Local businesses include Jessup Supermarket, Pizza Perfection and K&K Auto Repair as well as a variety of restaurants. Popular attractions in the area include Stourbridge Lion train rides at Honesdale Railroads, the Electric City Trolley Museum and Lackawanna Coal Mine tours. The trails at McDade park are great for outdoor activities such as hiking or biking. Additionally, Grocery Cost Index in Jessup borough is 98 versus 100 in the US making it an even more affordable place to live.

Jessup has an unemployment rate of 8.1%. The US average is 6.0%.

Jessup 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 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Jessup
- The Sales Tax Rate for Jessup is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jessup 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 Jessup
- The average income of a Jessup resident is $25,369 a year. The US average is $28,555 a year.
- The Median household income of a Jessup resident is $54,002 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJessup, PennsylvaniaUnited States
  8.16
  -6.1%-6.2%
  26.2%33.5%
  6.0%6.2%
  4.1%4.6%
  $28,128$37,638
  $54,002$69,021
  $74,720$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  4.9%6.8%
  8.6%10.0%
  2.8%2.5%
  6.6%11.0%
  10.2%4.8%
  1.7%0.8%
  0.8%1.9%
  8.6%4.7%
  0.0%1.9%
  4.5%7.6%
  2.8%0.1%
  3.5%4.2%
  4.9%9.3%
  14.2%14.0%
  2.7%2.1%
  7.3%7.0%
  6.4%4.8%
  8.7%4.7%
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