Zip 18106 (Allentown, PA) Economy


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Allentown, Pennsylvania is an attractive city for many different reasons. Located in Lehigh County, the city has a population of approximately 121,000 people and is the fastest growing city in the state. The 2 bedroom rent in Allentown is $1,830 compared to the US average of $1,430 - making it slightly pricier than other cities. Grocery Cost Index in Allentown is 106 compared to 100 in the US.
Renting apartments or homes in Allentown can be done with ease via several local companies that offer assistance. These companies include Westend Village Apartments located near downtown Allentown, Metro Property Management offering both residential and commercial properties throughout Pennsylvania, and Iron Valley Real Estate which offers services for purchasing, leasing and renting property as well as home improvement services. Whether you're looking for a place to live or an investment opportunity – these companies are sure to help you find what you need.

Allentown (zip 18106) has an unemployment rate of 4.9%. The US average is 6.0%.

Allentown (zip 18106) 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 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Allentown (zip 18106)
- The Sales Tax Rate for Allentown (zip 18106) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allentown (zip 18106) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Allentown (zip 18106)
- The average income of a Allentown (zip 18106) resident is $33,813 a year. The US average is $28,555 a year.
- The Median household income of a Allentown (zip 18106) resident is $78,846 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllentown, PennsylvaniaUnited States
  4.96
  -6.4%-6.2%
  29.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $45,779$37,638
  $78,846$69,021
  $93,482$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  16.8%10.0%
  3.4%2.5%
  6.9%11.0%
  4.2%4.8%
  1.0%0.8%
  6.1%1.9%
  4.5%4.7%
  2.7%1.9%
  5.4%7.6%
  0.0%0.1%
  3.1%4.2%
  7.7%9.3%
  18.4%14.0%
  0.3%2.1%
  5.2%7.0%
  7.5%4.8%
  1.4%4.7%
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