Zip 18020 (Bethlehem, PA) Economy


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18020 Bethlehem, PA is an excellent place to live with a great cost of living. The city offers affordable 2 bedroom rentals at around $1,760 per month, which is about $330 more than the US average for similar rentals. Grocery prices are also quite reasonable, with a grocery cost index of 105 compared to 100 in the US. There are many local companies that contribute to the thriving economy in Bethlehem, such as St. Luke’s University Health Network, Lehigh Valley Hospital-Muhlenberg Campus, and Just Born Quality Confections. With its affordable housing options and low cost of living, Bethlehem is an ideal place to relocate or start a business.

Bethlehem (zip 18020) has an unemployment rate of 6.8%. The US average is 6.0%.

Bethlehem (zip 18020) 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 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Bethlehem (zip 18020)
- The Sales Tax Rate for Bethlehem (zip 18020) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bethlehem (zip 18020) 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 Bethlehem (zip 18020)
- The average income of a Bethlehem (zip 18020) resident is $38,578 a year. The US average is $28,555 a year.
- The Median household income of a Bethlehem (zip 18020) resident is $108,598 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBethlehem, PennsylvaniaUnited States
  6.86
  -6.4%-6.2%
  28.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $49,032$37,638
  $108,598$69,021
  $122,542$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  3.8%6.8%
  14.9%10.0%
  4.7%2.5%
  9.2%11.0%
  5.6%4.8%
  0.5%0.8%
  3.0%1.9%
  5.4%4.7%
  1.2%1.9%
  6.6%7.6%
  0.1%0.1%
  3.6%4.2%
  10.9%9.3%
  14.9%14.0%
  2.3%2.1%
  4.1%7.0%
  3.9%4.8%
  5.0%4.7%
Reviews for Bethlehem
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Over 18 years ago

Rapid growth and soaring house prices. This, however, coupled with increased services and  More

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