Allentown, Pennsylvania (18104) is an area known for its affordable two bedroom rental rates. With rent costing around $1,670, it is significantly lower than the US average. Not only is this area financially accommodating but also in terms of living cost index. The grocery cost index in Allentown (104) is higher than the US average (100). Because of these factors, many businesses have set up shop in Allentown. Some popular companies include Coca-Cola Bottling Co., Air Products and Chemicals Inc., Cigna Health Care, and PPL Corporation. These are just a few of the many companies that have made Allentown their home.
Allentown (zip 18104) has an unemployment rate of 12.3%. The US average is 6.0%.
Allentown (zip 18104) has seen the job market decrease by -6.4% 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 18104)
- The Sales Tax Rate for Allentown (zip 18104) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allentown (zip 18104) 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 18104)
- The average income of a Allentown (zip 18104) resident is $38,557 a year. The US average is $37,638 a year.
- The Median household income of a Allentown (zip 18104) resident is $76,972 a year. The US average is $69,021 a year.