Zip 19140 (Philadelphia, PA) Economy


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Philadelphia, Pennsylvania has an average 2 bedroom rent of $1,060, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Philadelphia is 97 compared to the US index of 100. This makes it a great location for people seeking affordable living. There are many local businesses in the 19140 zip code of Philadelphia including Whitehouse Pizza & Grill, Landon’s Barber Shop and Armory Auto Repairs. Each offers unique services to residents in the area and are well respected as part of the vibrant Philadelphia community.

Philadelphia (zip 19140) has an unemployment rate of 10.6%. The US average is 6.0%.

Philadelphia (zip 19140) 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 19140)
- The Sales Tax Rate for Philadelphia (zip 19140) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19140) 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 19140)
- The average income of a Philadelphia (zip 19140) resident is $12,510 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia (zip 19140) resident is $27,006 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%
  $15,237$37,638
  $27,006$69,021
  $32,480$85,028
  Population by Occupation
  0.3%1.2%
  0.4%0.5%
  4.3%6.8%
  6.7%10.0%
  1.9%2.5%
  11.1%11.0%
  9.9%4.8%
  0.1%0.8%
  1.8%1.9%
  1.7%4.7%
  1.3%1.9%
  1.6%7.6%
  0.2%0.1%
  10.0%4.2%
  8.3%9.3%
  25.1%14.0%
  1.9%2.1%
  6.0%7.0%
  3.6%4.8%
  3.8%4.7%
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