Reading, PA is a vibrant city in Berks County, located just an hour outside of Philadelphia. The 2 bedroom rent in Reading is $1,170 compared to the national average of $1,430. Grocery cost index in Reading is 103 versus 100 in the US. This relatively low cost of living makes it an attractive place to live for young adults and families looking for affordable housing options.
In addition to its affordability, Reading is home to many businesses such as Boscov's Department Store, UGI Utilities Inc., Pagoda Snacks & Beverages Co., and Rieck's Bakery. These local companies bring jobs and economic opportunity to the area, providing employment at various levels from entry-level retail positions to more advanced managerial roles.
Reading (zip 19605) has an unemployment rate of 7.6%. The US average is 6.0%.
Reading (zip 19605) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Reading (zip 19605)
- The Sales Tax Rate for Reading (zip 19605) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reading (zip 19605) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Reading (zip 19605)
- The average income of a Reading (zip 19605) resident is $27,749 a year. The US average is $28,555 a year.
- The Median household income of a Reading (zip 19605) resident is $75,986 a year. The US average is $69,021 a year.