Zip 19076 (Prospect Park, PA) Economy


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19076 Prospect Park, PA is an ideal place to live for families and individuals alike; there is a wide variety of activities and amenities to suit everyone. The two bedroom rent cost in the area is $1,250 per month which is slightly lower than the US average of $1,430. Grocery costs are also competitively priced at 103 on the Index versus 100 in the US.
The town has a number of great businesses for people to take advantage of. Local companies include groceries such as ShopRite and Acme Markets, restaurants like Not Just Hot Dogs, a bike shop called Bicycle Therapy and more. Plus, Prospect Park is home to a variety of tourist attractions like museums, art galleries, recreational parks and even a brewery where you can sample some of their delicious craft beer. Residents can enjoy everything that this wonderful community has to offer without breaking the bank.

Prospect Park (zip 19076) has an unemployment rate of 7.1%. The US average is 6.0%.

Prospect Park (zip 19076) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Prospect Park (zip 19076)
- The Sales Tax Rate for Prospect Park (zip 19076) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Prospect Park (zip 19076) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Prospect Park (zip 19076)
- The average income of a Prospect Park (zip 19076) resident is $26,372 a year. The US average is $28,555 a year.
- The Median household income of a Prospect Park (zip 19076) resident is $63,579 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProspect Park, PennsylvaniaUnited States
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $38,185$37,638
  $63,579$69,021
  $80,691$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.2%6.8%
  12.6%10.0%
  1.4%2.5%
  12.4%11.0%
  5.0%4.8%
  0.6%0.8%
  4.9%1.9%
  1.1%4.7%
  1.7%1.9%
  6.3%7.6%
  0.3%0.1%
  5.9%4.2%
  12.5%9.3%
  10.5%14.0%
  4.7%2.1%
  5.2%7.0%
  5.6%4.8%
  3.8%4.7%
Health