Swarthmore, Pennsylvania is an unincorporated community located within the city of Ridley Township, Delaware County. This suburban area is home to about 6,500 people and boasts a low unemployment rate. The area surrounding Swarthmore offers many opportunities for recreation, with nearby parks, farms, trails and golf courses.
The cost of living in Swarthmore is relatively high compared to the rest of the United States - 2 bedroom apartment rent in the area averages $1,410 per month while the average US rent for 2 bedrooms is $1,430. Additionally, grocery costs are index rated at 107 compared to the national average of 100. Despite these higher costs, businesses in this community still thrive due to the educated workforce and family friendly atmosphere; some of the local companies include Penn State Brandywine Campus bookstore and catering services by Elzy’s Market.
Swarthmore (zip 19081) has an unemployment rate of 7.1%. The US average is 6.0%.
Swarthmore (zip 19081) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Swarthmore (zip 19081)
- The Sales Tax Rate for Swarthmore (zip 19081) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Swarthmore (zip 19081) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Swarthmore (zip 19081)
- The average income of a Swarthmore (zip 19081) resident is $42,415 a year. The US average is $28,555 a year.
- The Median household income of a Swarthmore (zip 19081) resident is $109,440 a year. The US average is $69,021 a year.