Zip 18706 (Wilkes Barre, PA) Economy


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18706 Wilkes Barre, PA is a great place to live with affordable housing. The 2 Bedroom Rent in 18706 Wilkes Barre, PA is $900 which is significantly lower than the national average of $1,430. Grocery Cost Index in 18706 Wilkes Barre, PA is 96 versus 100 in the US demonstrating that it’s very affordable to buy groceries here as well. There are plenty of local businesses in the area like Wegmans and IGA which provide quality products at competitive prices. Living in 18706 Wilkes Barre, PA means you will get more for your money compared to other parts of the country - savings on rent and groceries combined with lots of local companies make it a great place to call home!

Wilkes Barre (zip 18706) has an unemployment rate of 9.6%. The US average is 6.0%.

Wilkes Barre (zip 18706) 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 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Wilkes Barre (zip 18706)
- The Sales Tax Rate for Wilkes Barre (zip 18706) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilkes Barre (zip 18706) 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 Wilkes Barre (zip 18706)
- The average income of a Wilkes Barre (zip 18706) resident is $24,452 a year. The US average is $28,555 a year.
- The Median household income of a Wilkes Barre (zip 18706) resident is $56,024 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilkes Barre, PennsylvaniaUnited States
  9.66
  -6.1%-6.2%
  24.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $28,177$37,638
  $56,024$69,021
  $70,438$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.4%6.8%
  9.9%10.0%
  3.6%2.5%
  10.5%11.0%
  7.6%4.8%
  1.6%0.8%
  1.0%1.9%
  7.4%4.7%
  1.1%1.9%
  4.8%7.6%
  0.1%0.1%
  3.6%4.2%
  5.9%9.3%
  17.3%14.0%
  1.0%2.1%
  5.4%7.0%
  3.5%4.8%
  9.8%4.7%
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