Zip 18702 (Wilkes-Barre, PA) Economy


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18702 Wilkes-Barre, PA offers a relatively affordable two bedroom rent at $1,040 compared to the US average of $1,430. It also provides a low grocery cost index of 95 against the US benchmark of 100. This makes the area attractive for families who are looking for an affordable place to live and have access to necessary amenities. In Wilkes-Barre, there are several local companies and organizations that offer rental services for two bedroom apartments including Wilkes-Barre City Rentals and The Hayden Group. Grocery stores such as Wegmans and Gerrity's Supermarket provide quality ingredients at competitive prices in the area. With its comparatively low cost of living, Wilkes-Barre is an ideal location to start or raise a family.

Wilkes-Barre (zip 18702) has an unemployment rate of 12.1%. The US average is 6.0%.

Wilkes-Barre (zip 18702) 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 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Wilkes-Barre (zip 18702)
- The Sales Tax Rate for Wilkes-Barre (zip 18702) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilkes-Barre (zip 18702) is 6.1%. 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 18702)
- The average income of a Wilkes-Barre (zip 18702) resident is $21,346 a year. The US average is $28,555 a year.
- The Median household income of a Wilkes-Barre (zip 18702) resident is $48,213 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilkes-Barre, PennsylvaniaUnited States
  12.16
  -6.1%-6.2%
  22.9%33.5%
  6.0%6.2%
  6.1%4.6%
  $26,551$37,638
  $48,213$69,021
  $60,525$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  5.8%6.8%
  12.6%10.0%
  3.0%2.5%
  11.2%11.0%
  7.1%4.8%
  1.6%0.8%
  1.6%1.9%
  5.1%4.7%
  1.7%1.9%
  2.7%7.6%
  0.0%0.1%
  5.8%4.2%
  7.5%9.3%
  15.5%14.0%
  1.8%2.1%
  7.3%7.0%
  4.9%4.8%
  4.6%4.7%
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