In Philadelphia, PA (ZIP Code 19150), the average two-bedroom rent is $1,400 per month. This cost of living is lower than the national average of $1,430 per month for the same size apartment. Additionally, grocery costs in this area are higher than the national index of 100 by 3 points at 103. There are many local companies to choose from in and around 19150 like Philadelphia's own Comcast Corporation, Cigna Health Insurance, Aramark Uniform Services, and Urban Outfitters Inc. These large companies offer a variety of employment options for residents of this area. Data about rents and cost indices was sourced from Apartment List (https://www.apartmentlist.com/rentonomics/cost-of-living/) and Numbeo (https://www.numbeo.com/cost-of-living/) respectively.
Philadelphia (zip 19150) has an unemployment rate of 10.6%. The US average is 6.0%.
Philadelphia (zip 19150) 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 19150)
- The Sales Tax Rate for Philadelphia (zip 19150) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia (zip 19150) 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 19150)
- The average income of a Philadelphia (zip 19150) resident is $31,371 a year. The US average is $37,638 a year.
- The Median household income of a Philadelphia (zip 19150) resident is $54,121 a year. The US average is $69,021 a year.