Zip 19119 (Philadelphia, PA) Economy


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Philadelphia, PA 19119 is a great place to live with an average 2 bedroom rent of $1,310 which is lower than the US average of $1,430. Grocery cost index in Philadelphia stands at 106 versus 100 in the US. The city has many local companies that offer jobs and services to its residents. Notable companies include Turner Construction Company, Drexel University, Aramark Corporation and Comcast. Turner Construction Company provides construction and real estate services across the world while Drexel University offers higher education programs. Aramark Corporation is a global leader in providing food services and Comcast provides digital media and cable TV services. All these companies are based in Philadelphia and employ locals making it a great place for living and working.

Philadelphia (zip 19119) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19119) 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 19119)
- The Sales Tax Rate for Philadelphia (zip 19119) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19119) 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 19119)
- The average income of a Philadelphia (zip 19119) resident is $35,831 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia (zip 19119) resident is $72,685 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%
  $48,997$37,638
  $72,685$69,021
  $104,434$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  2.1%6.8%
  5.5%10.0%
  0.7%2.5%
  9.0%11.0%
  4.6%4.8%
  0.2%0.8%
  4.0%1.9%
  4.6%4.7%
  2.6%1.9%
  10.3%7.6%
  0.8%0.1%
  3.3%4.2%
  15.7%9.3%
  18.3%14.0%
  2.1%2.1%
  4.3%7.0%
  4.5%4.8%
  7.3%4.7%
Reviews for Philadelphia
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I grew up in West Philadelphia, along Cobbs Creek Parkway, which includes University City despite what most people are led to think:) There is a dramatic difference  More

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