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Penn State Berks, PA Economy
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United States
/
Pennsylvania
/
Reading Metro Area
/
Berks County
/ Penn State Berks /
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Penn State Berks, located in Reading, PA, is an attractive destination for many. Not only does it offer a high quality of living, but its economic benefits also attract people. The cost of renting a two-bedroom apartment in Penn State Berks is slightly lower than that of the US average, leaving more room for other expenses. Additionally, the grocery cost index in Penn State Berks is as low as 100 compared with that of the US. These factors make it easy to live comfortably while saving money.
Penn State Berks has a strong economy with major employers such as the Reading Hospital and Medical Center, Penske Logistics LLC and Met Eddie Stobart Ltd. providing thousands of jobs in the region. Additionally, many local companies such as ARI Fleet Management and Boscov's Department Store have their headquarters in Penn State Berks. The unemployment rate in Pennsylvania has dropped to 4%, leading to a greater number of job opportunities for residents living near the city and those attending university at Penn State Berks.
Income by Population Percent
Economy
Penn State Berks, Pennsylvania
United States
Unemployment Rate
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6
Recent Job Growth
-0.0618
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