Zip 18509 (Scranton, PA) Economy


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18509 Scranton, PA is a great place to live with an affordable cost of living. The 2 bedroom rent in 18509 Scranton, PA is $1,050 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in 18509 Scranton, PA is 99 compared to the national average of 100. 18509 Scranton, PA has several local companies such as Geisinger Health System, Wegmans Food Markets, and PPL Electric Utilities that provide employment opportunities for residents. There are also many small businesses such as restaurants, coffee shops and boutiques that employ locals and offer goods and services to the community. All of these factors make 18509 Scranton a desirable place to live or visit.

Scranton (zip 18509) has an unemployment rate of 8.7%. The US average is 6.0%.

Scranton (zip 18509) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Scranton (zip 18509)
- The Sales Tax Rate for Scranton (zip 18509) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 18509) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Scranton (zip 18509)
- The average income of a Scranton (zip 18509) resident is $23,389 a year. The US average is $28,555 a year.
- The Median household income of a Scranton (zip 18509) resident is $47,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScranton, PennsylvaniaUnited States
  8.76
  -6.1%-6.2%
  26.8%33.5%
  6.0%6.2%
  6.5%4.6%
  $27,459$37,638
  $47,531$69,021
  $73,804$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  9.0%10.0%
  2.3%2.5%
  9.3%11.0%
  5.9%4.8%
  0.3%0.8%
  1.4%1.9%
  5.5%4.7%
  0.7%1.9%
  2.6%7.6%
  0.0%0.1%
  4.9%4.2%
  11.2%9.3%
  19.3%14.0%
  3.7%2.1%
  9.0%7.0%
  3.6%4.8%
  7.3%4.7%
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