Zip 18472 (Waymart, PA) Economy


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United States / Pennsylvania / No Metro Area / Wayne County / No City / Waymart (zip 18472)
18472 Waymart, PA is an excellent place to live for those looking for an affordable housing option. The average 2 bedroom rent in 18472 Waymart, PA is $1,030 which is $400 less than the national average of $1,430. This makes it a great option for anyone looking for a more economical choice. In addition to having lower rent prices, 18472 Waymart also has low grocery costs with the Grocery Cost Index being 102 versus 100 nationally. This can help save even more money over time. The local companies that will significantly benefit from this price difference are D&D Discount Grocery and J&K General Store which both offer groceries at lower prices than other stores in the area.

Waymart (zip 18472) has an unemployment rate of 8.3%. The US average is 6.0%.

Waymart (zip 18472) has seen the job market increase by 1.4% 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 Waymart (zip 18472)
- The Sales Tax Rate for Waymart (zip 18472) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waymart (zip 18472) 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 Waymart (zip 18472)
- The average income of a Waymart (zip 18472) resident is $14,419 a year. The US average is $28,555 a year.
- The Median household income of a Waymart (zip 18472) resident is $61,591 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaymart, PennsylvaniaUnited States
  8.36
  -6.3%-6.2%
  29.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $17,589$37,638
  $61,591$69,021
  $71,923$85,028
  Population by Occupation
  0.6%1.2%
  0.9%0.5%
  12.5%6.8%
  7.1%10.0%
  1.4%2.5%
  13.9%11.0%
  6.6%4.8%
  1.2%0.8%
  1.0%1.9%
  1.9%4.7%
  1.3%1.9%
  4.9%7.6%
  0.0%0.1%
  3.9%4.2%
  8.6%9.3%
  17.1%14.0%
  0.4%2.1%
  4.1%7.0%
  3.5%4.8%
  9.2%4.7%
Health