Zip 18964 (Souderton, PA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
18964 Souderton, PA is an ideal place to live for those looking for a balance between affordability and quality of life. The average 2 bedroom rent in this area is $1,310 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 18964 Souderton, PA is 106 compared to 100 in the US making it more affordable overall. In terms of local businesses, there are many to choose from. Some popular choices include The Shoe Inn, Corbo’s Bakery, Aaron’s Auto Repair, and D&M Heating and Air Conditioning Services. Residents can also find great shopping options at the Montgomeryville Mall as well as excellent dining options at nearby restaurants such as Little Italy Pizza & Grill and Pho 929 Asian Cuisine.

Souderton (zip 18964) has an unemployment rate of 5.6%. The US average is 6.0%.

Souderton (zip 18964) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Souderton (zip 18964)
- The Sales Tax Rate for Souderton (zip 18964) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Souderton (zip 18964) 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 Souderton (zip 18964)
- The average income of a Souderton (zip 18964) resident is $32,723 a year. The US average is $28,555 a year.
- The Median household income of a Souderton (zip 18964) resident is $84,115 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouderton, PennsylvaniaUnited States
  5.66
  -6.4%-6.2%
  29.8%33.5%
  6.0%6.2%
  4.1%4.6%
  $40,093$37,638
  $84,115$69,021
  $104,714$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  7.9%6.8%
  19.4%10.0%
  3.1%2.5%
  10.3%11.0%
  3.0%4.8%
  1.3%0.8%
  1.8%1.9%
  5.2%4.7%
  0.5%1.9%
  6.7%7.6%
  0.0%0.1%
  5.8%4.2%
  8.1%9.3%
  13.7%14.0%
  0.6%2.1%
  4.2%7.0%
  5.3%4.8%
  2.3%4.7%
Health