Zip 18463 (Sterling, PA) Economy


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United States / Pennsylvania / No Metro Area / Wayne County / No City / Sterling (zip 18463)
18463 Sterling, PA is a small town located in northeastern Pennsylvania and is home to a variety of businesses and services. The cost of living in this area is quite affordable, as 2 bedroom rent here averages $950 per month compared to the US average of $1,430. This makes 18463 Sterling, PA an attractive destination for those seeking a more economical lifestyle. There are many local companies that provide essential services to the area such as grocery stores, banks, post offices, restaurants and other retail establishments. For example Arkell's Grocery has been providing quality grocery items and produce since 1928 while Glenwood Bank offers reliable banking services since 1888. With such low rent costs and reliable local services 18463 Sterling, PA can be an ideal place to call home for those looking for a great value in their housing situation.

Sterling (zip 18463) has an unemployment rate of 8.3%. The US average is 6.0%.

Sterling (zip 18463) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Sterling (zip 18463)
- The Sales Tax Rate for Sterling (zip 18463) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sterling (zip 18463) 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 Sterling (zip 18463)
- The average income of a Sterling (zip 18463) resident is $34,157 a year. The US average is $37,638 a year.
- The Median household income of a Sterling (zip 18463) resident is $86,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySterling, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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