Zip 18070 (Palm, PA) Economy


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Palm, PA is a small town located in Lehigh County. It is known for its affordable housing and low cost of living. The average two-bedroom rent in Palm is $1,270, which is lower than the U.S. average of $1,430. Furthermore, the Grocery Cost Index for Palm is 102, which is higher than the U.S. average of 100 - meaning groceries are slightly more expensive here than in other areas of the country.
Some notable local companies include Just Born Quality Confections, specializing in candy manufacturing since 1923; Northampton Community College; and Advanced Disposal Services, a waste management company with locations throughout Pennsylvania and several other states. Residents can also enjoy outdoor activities at Ohio Valley Golf Course or catch some live music at Musikfest Bethlehem every summer.
Overall, Palm offers an excellent combination of affordability and quality of life to its residents, making it an attractive option for those looking to find their place in Pennsylvania's Lehigh Valley region.

Palm (zip 18070) has an unemployment rate of 5.6%. The US average is 6.0%.

Palm (zip 18070) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Palm (zip 18070)
- The Sales Tax Rate for Palm (zip 18070) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palm (zip 18070) 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 Palm (zip 18070)
- The average income of a Palm (zip 18070) resident is $33,974 a year. The US average is $37,638 a year.
- The Median household income of a Palm (zip 18070) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalm, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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