Zip 19046 (Jenkintown, PA) Economy


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Jenkintown, PA (19046) is a great place to live for people looking for affordability and convenience. The average 2 bedroom rent in Jenkintown is $1,660, slightly higher than the national average of $1,430. Groceries are also slightly more expensive here at 108 index versus 100 in the U.S. However, there are many local companies that help to make living here more affordable such as Abington Savings Bank which offers competitive banking options; David Winston's Pharmacy, offering personalized service and low prices; and AJ Power Equipment & Outdoor Living who can provide all your home needs from lawn care to kitchen supplies at unbeatable prices.

Jenkintown (zip 19046) has an unemployment rate of 6.0%. The US average is 6.0%.

Jenkintown (zip 19046) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Jenkintown (zip 19046)
- The Sales Tax Rate for Jenkintown (zip 19046) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jenkintown (zip 19046) 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 Jenkintown (zip 19046)
- The average income of a Jenkintown (zip 19046) resident is $51,186 a year. The US average is $28,555 a year.
- The Median household income of a Jenkintown (zip 19046) resident is $105,846 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJenkintown, PennsylvaniaUnited States
  66
  -6.4%-6.2%
  28.9%33.5%
  6.0%6.2%
  4.1%4.6%
  $62,610$37,638
  $105,846$69,021
  $142,843$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.1%6.8%
  8.7%10.0%
  1.3%2.5%
  7.0%11.0%
  3.6%4.8%
  0.3%0.8%
  2.5%1.9%
  5.4%4.7%
  1.9%1.9%
  13.2%7.6%
  0.2%0.1%
  3.9%4.2%
  11.2%9.3%
  22.4%14.0%
  2.1%2.1%
  4.9%7.0%
  3.1%4.8%
  3.0%4.7%
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