Zip 19132 (Philadelphia, PA) Economy


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19132 Philadelphia, PA is a great location to live with many amenities. The average 2 bedroom rent in the area is $1,160 per month, which is much lower than the US average of $1,430. This makes it easier for people to find affordable housing and still have money left over for other expenses. Grocery cost index in 19132 Philadelphia, PA is 97 versus the US index of 100 meaning groceries are slightly cheaper here than other parts of the country. Popular local companies include Acme Markets and Wizkidz. Acme Markets offers a wide selection of fresh produce and everyday items at competitive prices while Wizkidz provides unique toys for children of all ages. With low rent prices and access to great shops like Acme Markets and Wizkidz, 19132 Philadelphia, PA is an ideal place to live that offers affordability without sacrificing quality or convenience.

Philadelphia (zip 19132) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19132) 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 19132)
- The Sales Tax Rate for Philadelphia (zip 19132) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19132) 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 19132)
- The average income of a Philadelphia (zip 19132) resident is $19,913 a year. The US average is $37,638 a year.
- The Median household income of a Philadelphia (zip 19132) resident is $26,041 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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