Scranton, PA 18503 is a great place to call home! It offers affordable 2 bedroom rent at only $970 compared to the US average of $1,430. This makes it an attractive option for those on a budget. The grocery cost index in Scranton is 97 compared to the national average of 100. Local businesses in the area are well-known staples such as Benny’s Pizza and Fastenal Company, both of which have been part of the community for several decades.
Scranton (zip 18503) has an unemployment rate of 8.7%. The US average is 6.0%.
Scranton (zip 18503) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Scranton (zip 18503)
- The Sales Tax Rate for Scranton (zip 18503) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 18503) 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 Scranton (zip 18503)
- The average income of a Scranton (zip 18503) resident is $23,982 a year. The US average is $37,638 a year.
- The Median household income of a Scranton (zip 18503) resident is $35,699 a year. The US average is $69,021 a year.