Scranton is a city in Pennsylvania state in USA with a population of 76997 residents.. The poverty rate of Scranton is 21.8%, which is 56% higher than national average. The typical household in Scranton earns $41687 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Scranton, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Scranton remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Scranton, only 23% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Scranton is 94, which is 6% lower than national average. Median home value in Scranton is $106700 , which is 54% lower than national average. While median income in Scranton remained $41687, which is 38% lower than national average.