Zip 18337 (Milford, PA) Economy


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18337 Milford, PA is a small town located in the foothills of the Pocono Mountains with a population of around 864 people. The average 2 bedroom rent in this area is $1,430 per month which is comparable to the US average of $1,430 per month. For groceries, Milford has a higher Grocery Cost Index of 103 compared to 100 nationally. This means that groceries cost just slightly more than the national average. Several notable local companies in 18337 Milford include Green Planet Market, Milford Concrete Products, and Mulligan's Cafe. If you're looking for an affordable place to live with plenty of local businesses nearby then 18337 Milford might be a great fit for you!

Milford (zip 18337) has an unemployment rate of 8.4%. The US average is 6.0%.

Milford (zip 18337) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Milford (zip 18337)
- The Sales Tax Rate for Milford (zip 18337) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 18337) 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 Milford (zip 18337)
- The average income of a Milford (zip 18337) resident is $30,882 a year. The US average is $28,555 a year.
- The Median household income of a Milford (zip 18337) resident is $84,144 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilford, PennsylvaniaUnited States
  8.46
  -7.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  3.1%4.6%
  $40,376$37,638
  $84,144$69,021
  $102,961$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  5.1%6.8%
  3.2%10.0%
  2.5%2.5%
  9.5%11.0%
  5.0%4.8%
  0.9%0.8%
  1.6%1.9%
  6.9%4.7%
  2.1%1.9%
  3.7%7.6%
  0.1%0.1%
  6.0%4.2%
  7.8%9.3%
  13.3%14.0%
  4.0%2.1%
  12.7%7.0%
  7.2%4.8%
  7.9%4.7%
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