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Chester County · Pennsylvania · Northeast · 19k residents

Phoenixville, PA: economy, jobs & business costs

The site-selection read on Phoenixville: labor costs, talent, corporate tax, energy, and business activity, with the Pennsylvania median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

Average weekly wages in the surrounding labor market run $1,746/wk. Pennsylvania's corporate income tax rate is 7.99%. Commercial electricity averages 11.0¢/kWh.

Compare Phoenixville side by side

Avg. weekly wage

$1,746/wk

lower than 11% of US cities

Corporate income tax

7.99%

lower than 32% of US cities

Bachelor's degree or higher

56.9%

+119% vs state medianhigher than 85% of US cities

Commercial electricity

11.0¢/kWh

cheaper than 64% of US cities

Economic momentum

How fast Phoenixville's economy is moving, ranked against the US cities we track.

69/100

Heating

Jobs: +0.9% (top 30%)Residential permits: +15.4% (top 33%)
Momentum rising · +50 over 4 yr

Ranks Phoenixville's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.

All facets · Phoenixville
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Real listings in Phoenixville

LoopNetCrexiCommercialCafe

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Questions & answers
Is Phoenixville a good place to run a business?
Pennsylvania's corporate income tax rate is 7.99%; average weekly wages in the surrounding labor market run $1,746/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in Phoenixville, PA?
Phoenixville indexes at 108 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,994/mo and a acs median home value of $369,600.
How much does a house cost in Phoenixville?
The acs median home value in Phoenixville is $369,600 (Census ACS estimate; individual listings vary).
How much is rent in Phoenixville?
A two-bedroom in Phoenixville rents for about $1,994/mo.