Zip 18071 (Palmerton, PA) Economy


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18071 Palmerton, PA is a great place to settle down. The 2 bedroom rent in the area is $1,150, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Palmerton is 103 compared to 100 nationally. Local businesses such as The Parsonage Pottery & Gifts and Blue Mountain Coffee Roasters provide unique shopping experiences for residents in the area. There are also plenty of outdoor activities nearby, from hiking trails along the Lehigh River to scenic drives through the countryside. With its affordable housing costs combined with local amenities and natural beauty, 18071 Palmerton, PA makes an ideal location for anyone looking to live comfortably while getting close to nature.

Palmerton (zip 18071) has an unemployment rate of 7.9%. The US average is 6.0%.

Palmerton (zip 18071) 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 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Palmerton (zip 18071)
- The Sales Tax Rate for Palmerton (zip 18071) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmerton (zip 18071) 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 Palmerton (zip 18071)
- The average income of a Palmerton (zip 18071) resident is $28,136 a year. The US average is $28,555 a year.
- The Median household income of a Palmerton (zip 18071) resident is $62,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmerton, PennsylvaniaUnited States
  7.96
  -6.3%-6.2%
  24.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $38,445$37,638
  $62,472$69,021
  $79,390$85,028
  Population by Occupation
  0.6%1.2%
  0.3%0.5%
  9.4%6.8%
  18.7%10.0%
  1.2%2.5%
  7.4%11.0%
  6.3%4.8%
  0.6%0.8%
  3.1%1.9%
  3.6%4.7%
  0.5%1.9%
  4.4%7.6%
  0.0%0.1%
  2.8%4.2%
  9.0%9.3%
  15.8%14.0%
  2.3%2.1%
  5.5%7.0%
  5.3%4.8%
  3.1%4.7%
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