Bala Cynwyd, PA is a vibrant Pennsylvania community located in the Philadelphia suburbs. With a population of approximately 8,000, Bala Cynwyd offers plenty of opportunity for businesses and residents alike. The two-bedroom rent in Bala Cynwyd is $1,900, slightly higher than the US average of $1,430 but still quite reasonable given the convenience of being so close to Philadelphia. In addition, the grocery cost index in Bala Cynwyd is 113 versus 100 in the US.
For businesses looking to set up shop in Bala Cynwyd, there are plenty of options available. Notable local companies include Jansen Pharmaceuticals International Inc., Tovwood USA LLC and Quality Solutions Group Inc. Additionally, a variety of restaurants and shops line the streets like Cafe Ole and Gemelli's Italian Market & Deli .
Bala Cynwyd (zip 19004) has an unemployment rate of 3.9%. The US average is 6.0%.
Bala Cynwyd (zip 19004) 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 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Bala Cynwyd (zip 19004)
- The Sales Tax Rate for Bala Cynwyd (zip 19004) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bala Cynwyd (zip 19004) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bala Cynwyd (zip 19004)
- The average income of a Bala Cynwyd (zip 19004) resident is $76,758 a year. The US average is $37,638 a year.
- The Median household income of a Bala Cynwyd (zip 19004) resident is $127,482 a year. The US average is $69,021 a year.