Zip 19114 (Philadelphia, PA) Economy


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19114 Philadelphia, PA is a great place to call home. The 2 bedroom rent in the area is around $1,450; lower than the national average for two-bedroom apartments. The Grocery Cost Index is also higher than the national average of 100 at 104, allowing residents to take advantage of quality and affordable groceries. There are many local companies in 19114 Philadelphia, PA ranging from entertainment venues like the Wilma Theater or popular spots like Rittenhouse Square. Other local businesses include renowned restaurants like Vetri and Di Bruno's as well as clothing boutiques like Trophy Boutique and shops offering vintage items. With its vibrant culture, friendly community and diverse economy, 19114 Philadelphia, PA is a great place to live.

Philadelphia (zip 19114) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19114) has seen the job market increase by 1.2% 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 19114)
- The Sales Tax Rate for Philadelphia (zip 19114) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19114) 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 19114)
- The average income of a Philadelphia (zip 19114) resident is $28,068 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia (zip 19114) resident is $70,838 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhiladelphia, PennsylvaniaUnited States
  10.66
  -7.2%-6.2%
  28.4%33.5%
  8.0%6.2%
  7.0%4.6%
  $36,467$37,638
  $70,838$69,021
  $90,042$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  5.1%10.0%
  3.1%2.5%
  8.8%11.0%
  5.3%4.8%
  0.5%0.8%
  1.3%1.9%
  5.0%4.7%
  1.8%1.9%
  7.0%7.6%
  0.0%0.1%
  3.4%4.2%
  8.6%9.3%
  19.8%14.0%
  2.2%2.1%
  5.0%7.0%
  7.2%4.8%
  10.0%4.7%
Reviews for Philadelphia
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Our family has never even been to Pennsylvania. We are Midwesterners who were born in Kansas and just recently for the past three years have been in Iowa. My Husband is  More

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