Towanda, PA is a small town located in Bradford County, Pennsylvania. The population of Towanda is estimated to be around 3,000 people. This town offers a peaceful yet convenient lifestyle with its close proximity to larger cities such as Wilkes-Barre and Scranton. The cost of living in Towanda is significantly lower than the national average. For instance, 2 bedroom rent in Towanda is only $860 per month compared to the US median of $1,430. Additionally, the Grocery Cost Index for Towanda is 101 versus 100 in the US.
The town has numerous companies that offer employment opportunities to local residents such as Eastman Machine Company, Galetti Trucking Inc., Outback Kayaks Inc., Fred Beans Ford Lincoln of Wilkes-Barre and many others. These businesses provide essential services which benefit those living in and around Towanda.
Overall, Towanda offers a great quality of life at an affordable cost when it comes to housing prices and grocery costs; making it an ideal place to live for those who are looking for a quieter lifestyle without sacrificing necessary amenities or convenience.
Towanda township has an unemployment rate of 6.4%. The US average is 6.0%.
Towanda township has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Towanda township
- The Sales Tax Rate for Towanda township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Towanda township is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Towanda township
- The average income of a Towanda township resident is $27,609 a year. The US average is $28,555 a year.
- The Median household income of a Towanda township resident is $31,563 a year. The US average is $69,021 a year.