Zip 18504 (Scranton, PA) Economy


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Scranton, PA is a great place to live with plenty of amenities for those looking for convenience. Located in the 18504 zip code, Scranton offers an affordable 2-bedroom rent of $1,000 per month. This is much lower than the US average 2-bedroom rent of $1,430. Grocery costs in Scranton are also very competitively priced with an index rating of 96 when compared to the US average of 100. There are plenty of local businesses in Scranton that residents can take advantage of. Geisinger Health System provides excellent healthcare services while Tobyhanna Army Depot offers high quality military services and support. B&B Supermarkets offer groceries at competitive prices and Keystone College provides higher education opportunities. With so much to offer, it's no wonder why people choose Scranton as their home.

Scranton (zip 18504) has an unemployment rate of 8.7%. The US average is 6.0%.

Scranton (zip 18504) has seen the job market increase by 0.8% 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 18504)
- The Sales Tax Rate for Scranton (zip 18504) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 18504) 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 18504)
- The average income of a Scranton (zip 18504) resident is $21,633 a year. The US average is $28,555 a year.
- The Median household income of a Scranton (zip 18504) resident is $50,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScranton, PennsylvaniaUnited States
  8.76
  -6.1%-6.2%
  26.8%33.5%
  6.0%6.2%
  6.5%4.6%
  $27,391$37,638
  $50,531$69,021
  $64,494$85,028
  Population by Occupation
  0.6%1.2%
  0.2%0.5%
  6.1%6.8%
  9.8%10.0%
  2.9%2.5%
  14.8%11.0%
  7.9%4.8%
  0.4%0.8%
  1.9%1.9%
  6.0%4.7%
  1.0%1.9%
  4.7%7.6%
  0.0%0.1%
  3.8%4.2%
  6.6%9.3%
  17.4%14.0%
  1.2%2.1%
  6.6%7.0%
  4.4%4.8%
  3.8%4.7%
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