19066 Merion Station, PA has a booming economy that is being bolstered by local businesses such as Young and Richards Engineering Solutions, Radnor Historical Society, and Liberty Property Trust. The rental market in the area is also thriving due to the competitive 2 bedroom rent of $2,190, which is higher than the US average of $1,430. Grocery Cost Index in Merion Station sits at 116 compared to the US index of 100 – making it a great place for budget-minded people who enjoy eating out. In addition to excellent infrastructure and plenty of entertainment and activities, Merion Station provides its citizens with all the necessary amenities they need to live a happy life.
Merion Station (zip 19066) has an unemployment rate of 3.9%. The US average is 6.0%.
Merion Station (zip 19066) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Merion Station (zip 19066)
- The Sales Tax Rate for Merion Station (zip 19066) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Merion Station (zip 19066) 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 Merion Station (zip 19066)
- The average income of a Merion Station (zip 19066) resident is $89,335 a year. The US average is $37,638 a year.
- The Median household income of a Merion Station (zip 19066) resident is $208,229 a year. The US average is $69,021 a year.