Zip 19540 (Mohnton, PA) Economy


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United States / Pennsylvania / Reading Metro Area / Berks County / No City / Mohnton (zip 19540)
19540 Mohnton, PA is a great place to live and work. It offers a variety of housing options, with two bedroom rents averaging $1,060, making it more affordable than the US average of $1,430. The cost of living in Mohnton is also relatively low thanks to its Grocery Cost Index being 104 versus 100 in the US. The town is home to several high-quality companies offering great amenities for their employees. Some of these include Wegmans Food Markets Inc., which provides employees with competitive salaries, flexible scheduling options, and generous healthcare benefits; Lancaster County Waste Management Authority, which gives its staff members access to competitive salaries and 401k plans; and PPL Electric Utilities Corporation, which offers tuition assistance and paid training opportunities for its workers.

Mohnton (zip 19540) has an unemployment rate of 7.6%. The US average is 6.0%.

Mohnton (zip 19540) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.

Tax Rates for Mohnton (zip 19540)
- The Sales Tax Rate for Mohnton (zip 19540) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mohnton (zip 19540) 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 Mohnton (zip 19540)
- The average income of a Mohnton (zip 19540) resident is $34,005 a year. The US average is $28,555 a year.
- The Median household income of a Mohnton (zip 19540) resident is $89,532 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMohnton, PennsylvaniaUnited States
  7.66
  -7.2%-6.2%
  25.2%33.5%
  6.0%6.2%
  4.1%4.6%
  $44,292$37,638
  $89,532$69,021
  $105,485$85,028
  Population by Occupation
  1.1%1.2%
  0.4%0.5%
  11.2%6.8%
  16.3%10.0%
  3.6%2.5%
  12.8%11.0%
  3.5%4.8%
  0.6%0.8%
  0.5%1.9%
  2.9%4.7%
  1.5%1.9%
  6.7%7.6%
  0.3%0.1%
  4.9%4.2%
  7.5%9.3%
  14.8%14.0%
  0.3%2.1%
  3.6%7.0%
  5.3%4.8%
  2.0%4.7%
Health