Zip 18510 (Scranton, PA) Economy


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18510 Scranton, PA is a great place to call home. The average 2 Bedroom rent in this area is $1,000 which is $430 less than the nationwide average of $1,430 making it an extremely affordable option for those looking for housing. Additionally, groceries are also more affordable than other places as its Grocery Cost Index is 97 compared to 100 on the national level. There are numerous local businesses that make living in 18510 Scranton enjoyable such as Marywood University and Steamtown Mall. Other notable companies include Community Medical Center, Geisinger and PPL Electric Utilites. With its affordability and diverse range of establishments, one would be remiss not to consider 18510 Scranton when looking for a place to call home.

Scranton (zip 18510) has an unemployment rate of 8.7%. The US average is 6.0%.

Scranton (zip 18510) 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 18510)
- The Sales Tax Rate for Scranton (zip 18510) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 18510) 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 18510)
- The average income of a Scranton (zip 18510) resident is $19,063 a year. The US average is $28,555 a year.
- The Median household income of a Scranton (zip 18510) resident is $43,019 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%
  $22,908$37,638
  $43,019$69,021
  $66,181$85,028
  Population by Occupation
  1.2%1.2%
  0.1%0.5%
  2.2%6.8%
  7.9%10.0%
  2.3%2.5%
  13.0%11.0%
  6.0%4.8%
  0.5%0.8%
  1.4%1.9%
  2.4%4.7%
  0.7%1.9%
  4.8%7.6%
  0.0%0.1%
  4.7%4.2%
  16.3%9.3%
  20.7%14.0%
  3.7%2.1%
  8.6%7.0%
  2.1%4.8%
  1.4%4.7%
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