Delaware County Purchasing Power Remains Strong in PA

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Delaware County residents list high among earners in Pennsylvania and continue to have good purchasing power, according to a new analysis recently published by SmartAsset.

The analysis was completed as part of SmartAsset’s study on places with the most purchasing power in each county in Pennsylvania as well as across the country.

To compile the ranking of places where people have the most purchasing power, the financial technology company looked at the income data for each county, which also includes a breakdown of the cost of living.

Delaware County ranked fourth in median income for Pennsylvania, with an average per capita income of $73.588 and a cost of living of $46,863 The county ranked 131st nationally in purchasing power.

By comparison, Chester County ranked first in the state and 40th nationally.  It had an average per capita income of $91,927 and a cost of living of $50,872.

Montgomery County ranked 2nd in the state and 62nd nationally. Its per capita income was $86,340 and its cost of living was $49, 518.

Bucks County ranked third in the state and 82nd in the nation. It had a per capita income of $80,627 and a cost of living of $48,671.

See how purchasing power varies across Pennsylvania by viewing the entire study at SmartAsset.

This short video looks at how to tap into the purchasing power of women.

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