Scranton, PA is a great city located in Northeastern Pennsylvania. It is known for its affordability as evidenced by the 2 bedroom rent being only $990 compared to the US average of $1,430. Additionally, cost of living is relatively low with the Grocery Cost Index in Scranton at 97 compared to 100 in the US. The city also boasts a thriving business environment with notable companies such as Lackawanna College, Geisinger Health System, and Wegman's Food Markets all having headquarters based in Scranton. This city has an abundance of options for both living and working that make it a great place to visit or call home.
Scranton has an unemployment rate of 8.7%. The US average is 6.0%.
Scranton has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Scranton
- The Sales Tax Rate for Scranton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Scranton
- The average income of a Scranton resident is $25,132 a year. The US average is $37,638 a year.
- The Median household income of a Scranton resident is $44,161 a year. The US average is $69,021 a year.