Philadelphia is an ideal destination for those looking for an affordable option. The average two-bedroom rental in the 19102 zip code of Philadelphia, PA is $2,240, lower than the US average of $1,430. Additionally, the Grocery Cost Index in Philadelphia is 109 compared to 100 in the US.
Not only does it have a low cost of living, but 19102 also has plenty to offer its residents. There are many local companies that make this area attractive for those wanting to call it home. From restaurants like Monk’s Cafe that offers craft beer and sandwiches to stores like Little Baby’s Ice Cream with homemade ice creams and milkshakes, there is something for everyone. For those looking for access to nature, there are trails at Fairmount Park nearby which offers scenic views and opportunities to explore city parks while remaining socially distanced.
All these factors combine together making 19102 Philadelphia an attractive and relatively affordable option for many looking for a place to call home.
Philadelphia (zip 19102) has an unemployment rate of 10.6%. The US average is 6.0%.
Philadelphia (zip 19102) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Philadelphia (zip 19102)
- The Sales Tax Rate for Philadelphia (zip 19102) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19102) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Philadelphia (zip 19102)
- The average income of a Philadelphia (zip 19102) resident is $115,622 a year. The US average is $37,638 a year.
- The Median household income of a Philadelphia (zip 19102) resident is $115,597 a year. The US average is $69,021 a year.