Zip 15068 (New Kensington, PA) Economy


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New Kensington is a city located in Westmoreland County, Pennsylvania with a population of 13,116. It is situated along the Allegheny River and is part of the Pittsburgh metropolitan area. Home to many thriving businesses such as Highmark Blue Cross Blue Shield, First Commonwealth Bank, and Comcast Business Solutions, New Kensington provides its residents with plenty of employment opportunities. The cost of living in this city is low due to the average rental price for two-bedroom apartments being just $980 per month – significantly less than the US average of $1,430 per month. Additionally, New Kensington has a Grocery Cost Index rating of 98 compared to the US average of 100. This makes it an affordable place to live with plenty of local job opportunities available.

New Kensington (zip 15068) has an unemployment rate of 7.4%. The US average is 6.0%.

New Kensington (zip 15068) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for New Kensington (zip 15068)
- The Sales Tax Rate for New Kensington (zip 15068) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Kensington (zip 15068) 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 New Kensington (zip 15068)
- The average income of a New Kensington (zip 15068) resident is $25,207 a year. The US average is $28,555 a year.
- The Median household income of a New Kensington (zip 15068) resident is $55,690 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Kensington, PennsylvaniaUnited States
  7.46
  -7.0%-6.2%
  23.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $32,323$37,638
  $55,690$69,021
  $78,925$85,028
  Population by Occupation
  0.4%1.2%
  0.2%0.5%
  5.6%6.8%
  14.5%10.0%
  2.0%2.5%
  14.6%11.0%
  1.9%4.8%
  1.5%0.8%
  1.3%1.9%
  3.8%4.7%
  1.6%1.9%
  4.9%7.6%
  0.0%0.1%
  4.8%4.2%
  6.9%9.3%
  18.8%14.0%
  1.6%2.1%
  7.7%7.0%
  5.9%4.8%
  2.0%4.7%
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