Zip 19115 (Philadelphia, PA) Economy


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The city of Philadelphia, PA has a population of more than 1.5 million people and is the 6th largest city in the United States. The average two bedroom rent in the 19115 zip code is $1,340, which is lower than the US average of $1,430. Additionally, grocery prices in Philadelphia are 5% higher than the national average due to Pennsylvania's higher-than-average tax rate on food items. Despite this cost difference, there are still plenty of amenities and local businesses for residents to enjoy in this area. Local companies such as Neubauer's Flowers and J&J Supermarket offer family-owned businesses that are staples in the community. Additionally, there are numerous cultural attractions like Eastern State Penitentiary and Fairmount Park that residents can enjoy year-round. With its bustling population and array of activities available, 19115 Philadelphia offers something for everyone.

Philadelphia (zip 19115) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19115) 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 19115)
- The Sales Tax Rate for Philadelphia (zip 19115) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19115) 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 19115)
- The average income of a Philadelphia (zip 19115) resident is $40,250 a year. The US average is $37,638 a year.
- The Median household income of a Philadelphia (zip 19115) resident is $62,044 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhiladelphia, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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