Zip 18103 (Allentown, PA) Economy


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Allentown, Pennsylvania (18103) is an up-and-coming city located just outside of Philadelphia. The cost of living in Allentown is higher than the US average, with a two bedroom apartment renting for $1,480 per month. Grocery costs are also higher in Allentown with an index of 103 versus 100 nationally. There are several major companies located in the area such as PPL Electric Utilities and Lehigh Valley Health Network which provide great job opportunities to locals. Popular local attractions include Dorney Park & Wildwater Kingdom amusement park, Lehigh University's Zoellner Arts Center, Coca Cola Park baseball stadium, and Cedar Beach Park which offers swimming pools, fishing spots, playgrounds and more.

Allentown (zip 18103) has an unemployment rate of 12.3%. The US average is 6.0%.

Allentown (zip 18103) 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 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Allentown (zip 18103)
- The Sales Tax Rate for Allentown (zip 18103) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allentown (zip 18103) 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 (zip 18103)
- The average income of a Allentown (zip 18103) resident is $25,821 a year. The US average is $28,555 a year.
- The Median household income of a Allentown (zip 18103) resident is $66,400 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllentown, PennsylvaniaUnited States
  12.36
  -6.4%-6.2%
  23.8%33.5%
  6.0%6.2%
  4.4%4.6%
  $34,871$37,638
  $66,400$69,021
  $76,676$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.8%6.8%
  14.4%10.0%
  2.8%2.5%
  12.5%11.0%
  9.6%4.8%
  0.8%0.8%
  2.2%1.9%
  3.1%4.7%
  0.7%1.9%
  4.7%7.6%
  0.0%0.1%
  6.6%4.2%
  5.9%9.3%
  16.7%14.0%
  1.8%2.1%
  6.2%7.0%
  5.0%4.8%
  2.3%4.7%
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