Pen Argyl, PA Economy


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Pen Argyl, PA is a small town located in Northampton County. It is a great place to live with several local companies such as Coffee Corner Café, Stone Mill Bakery, and The Dime Bank. The cost of living in Pen Argyl is quite reasonable when compared to the US average; 2 bedroom rent is $1,430 per month and the grocery cost index is 103, which is 3 points higher than the national average. Overall, Pen Argyl has a good quality of life for its citizens and those looking to move into the area.

Pen Argyl has an unemployment rate of 6.8%. The US average is 6.0%.

Pen Argyl has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Pen Argyl
- The Sales Tax Rate for Pen Argyl is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pen Argyl is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Pen Argyl
- The average income of a Pen Argyl resident is $21,488 a year. The US average is $28,555 a year.
- The Median household income of a Pen Argyl resident is $77,634 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPen Argyl, PennsylvaniaUnited States
  6.86
  -6.4%-6.2%
  28.0%33.5%
  6.0%6.2%
  4.4%4.6%
  $30,822$37,638
  $77,634$69,021
  $80,375$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  7.7%6.8%
  11.4%10.0%
  4.8%2.5%
  7.3%11.0%
  7.3%4.8%
  0.5%0.8%
  0.4%1.9%
  6.0%4.7%
  0.0%1.9%
  4.1%7.6%
  0.0%0.1%
  0.5%4.2%
  3.9%9.3%
  20.6%14.0%
  2.0%2.1%
  15.0%7.0%
  2.2%4.8%
  5.8%4.7%
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