Zip 18415 (Damascus, PA) Economy


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United States / Pennsylvania / No Metro Area / Wayne County / No City / Damascus (zip 18415)
18415 Damascus, PA is an area with a low cost of living but still offering plenty of amenities. The two-bedroom rent in this area is about $1,000 per month which is significantly lower than the US average of $1,430. Grocery costs are also relatively low with a Grocery Cost Index of 104 versus 100 in the US. Local companies in this area include Damascus Auto Care & Towing, Damascus True Value Hardware, Coyne's Appliances & Home Center, and Old Country Store & Bakery. All these companies help to support the local economy and provide residents with the goods and services they need at reasonable prices.

Damascus (zip 18415) has an unemployment rate of 8.3%. The US average is 6.0%.

Damascus (zip 18415) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Damascus (zip 18415)
- The Sales Tax Rate for Damascus (zip 18415) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Damascus (zip 18415) 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 Damascus (zip 18415)
- The average income of a Damascus (zip 18415) resident is $51,146 a year. The US average is $37,638 a year.
- The Median household income of a Damascus (zip 18415) resident is $66,645 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDamascus, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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