19602 Reading, PA is a great place to live due to its affordable rent and low cost of living. With 2 bedroom rent averaging $970 compared to the US price of $1,430, you could save a significant amount each month. Additionally, grocery costs in 19602 are 95 versus 100 in the US making it an even better bargain for residents. The area is home to several businesses including Wegman’s Grocery Store, Reading Hospital, UPS Customer Center and Tower Health Medical Group. There are also a number of attractions like Sovereign Center entertainment complex and Lake Ontelaunee. The population of 19602 consists mainly of working-class families with an average household income of $41,290 per year and an unemployment rate of 5%.
Reading (zip 19602) has an unemployment rate of 14.8%. The US average is 6.0%.
Reading (zip 19602) 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Reading (zip 19602)
- The Sales Tax Rate for Reading (zip 19602) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reading (zip 19602) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Reading (zip 19602)
- The average income of a Reading (zip 19602) resident is $17,746 a year. The US average is $37,638 a year.
- The Median household income of a Reading (zip 19602) resident is $35,092 a year. The US average is $69,021 a year.