New Kensington, PA Economy


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New Kensington, PA is a vibrant city situated in western Pennsylvania. The city has a population of 13,116 and is home to many popular businesses such as PPG Industries, VEI and AmerisourceBergen. Rent for two bedroom apartments averages $950 per month which is substantially lower than the US average of $1,430. Grocery costs are also very low compared to national averages with a grocery cost index of 98 compared to 100 in the US.
This small yet lively city offers plenty of amenities for its residents to enjoy. Attractions include Penn State New Kensington campus, Valley View Park & Playground and Olde Towne Plaza Shopping Center. Residents can also take advantage of local entertainment like dining at the Grain & Grille Gastropub or shopping at Place on Fifth Street Boutique. Enjoying any of these activities is made easier by the city’s convenient location near major highways like Route 56 and I-76.

New Kensington has an unemployment rate of 7.4%. The US average is 6.0%.

New Kensington 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 23.3%, which is lower than the US average of 33.5%.

Tax Rates for New Kensington
- The Sales Tax Rate for New Kensington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Kensington 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 New Kensington
- The average income of a New Kensington resident is $21,798 a year. The US average is $28,555 a year.
- The Median household income of a New Kensington resident is $43,308 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Kensington, PennsylvaniaUnited States
  7.46
  -7.0%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $25,712$37,638
  $43,308$69,021
  $57,292$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.9%6.8%
  15.1%10.0%
  2.5%2.5%
  15.9%11.0%
  0.5%4.8%
  2.1%0.8%
  1.0%1.9%
  2.7%4.7%
  0.7%1.9%
  3.7%7.6%
  0.1%0.1%
  6.7%4.2%
  6.2%9.3%
  17.6%14.0%
  1.2%2.1%
  10.6%7.0%
  8.0%4.8%
  1.6%4.7%
Reviews for New Kensington
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Over 17 years ago

The city would provide a good retirement destination, with low  More

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Over 18 years ago

The best thing about this city is its proximity to Pittsburgh. Things are slowly turning around here, but there is still a high propensity of dilapidated housing, a  More

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