The Allentown-Bethlehem-Easton, PA Metro Area is an affordable area to live in with 2 bedroom rent costing less than the US average at $1,410. The grocery cost index is also in favor of this area at 104 versus 100 in the US. This area features many local companies such as PPL Corporation, Air Products and Chemicals, National Penn Bancshares, Just Born Quality Confections and St. Luke's University Health Network among others. These companies provide employment for local residents and contribute to the economy of the region.
Allentown-Bethlehem-Easton Metro Area has an unemployment rate of 7.3%. The US average is 6.0%.
Allentown-Bethlehem-Easton Metro Area has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Allentown-Bethlehem-Easton Metro Area
- The Sales Tax Rate for Allentown-Bethlehem-Easton Metro Area is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Allentown-Bethlehem-Easton Metro Area 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 Allentown-Bethlehem-Easton Metro Area
- The average income of a Allentown-Bethlehem-Easton Metro Area resident is $37,945 a year. The US average is $37,638 a year.
- The Median household income of a Allentown-Bethlehem-Easton Metro Area resident is $73,091 a year. The US average is $69,021 a year.