Berks County, PA Economy


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Berks County, Pennsylvania is a great place to settle down. Its close proximity to major cities such as Philadelphia and New York City make it an attractive option for those looking to move away from the hustle and bustle of city life while still enjoying its benefits. It's also affordable, with two bedroom rent averaging around $1,140 compared to the national average of $1,430. Food costs in Berks County is also quite reasonable at 103 versus the national index of 100. In addition to all these advantages, Berks County offers a wide variety of local businesses ranging from healthcare providers to manufacturing firms and many more in between. Other notable features include the Reading Public Museum which showcases various exhibitions and events throughout the year as well as numerous parks and recreational areas perfect for outdoor activities. With all that it has going for it, Berks County is an ideal place to call home.

Berks County has an unemployment rate of 7.6%. The US average is 6.0%.

Berks County has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.

Tax Rates for Berks County
- The Sales Tax Rate for Berks County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Berks County is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Berks County
- The average income of a Berks County resident is $34,519 a year. The US average is $37,638 a year.
- The Median household income of a Berks County resident is $69,272 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerks, PennsylvaniaUnited States
  7.66
  -7.2%-6.2%
  25.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $34,519$37,638
  $69,272$69,021
  $85,831$85,028
  Population by Occupation
  1.7%1.2%
  0.2%0.5%
  5.8%6.8%
  18.1%10.0%
  2.7%2.5%
  11.7%11.0%
  4.7%4.8%
  1.3%0.8%
  1.4%1.9%
  3.8%4.7%
  1.7%1.9%
  5.5%7.6%
  0.1%0.1%
  3.8%4.2%
  8.0%9.3%
  14.9%14.0%
  1.4%2.1%
  6.0%7.0%
  4.7%4.8%
  2.6%4.7%
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