Economy in Lower Merion township, Pennsylvania
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Economy
| Unemployment Rate | 5.10% | 9.10% |
| Recent Job Growth | 0.04% | -0.12% |
| Future Job Growth | 34.98% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 3.57% | 6.25% |
| Income per Cap. | $62,572 | $27,067 |
| Household Income | $105,696 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.11% | 12.10% |
| Income between 15K and 25K | 4.18% | 10.18% |
| Income between 25K and 35K | 5.33% | 10.56% |
| Income between 35K and 50K | 8.18% | 14.98% |
| Income between 50K and 75K | 13.21% | 19.53% |
| Income between 75K and 100K | 11.07% | 12.52% |
| Income between 100K and 150K | 15.97% | 12.14% |
| Income between 150K and 250K | 8.71% | 3.91% |
| Income between 250K and 500K | 18.13% | 3.34% |
| Income greater than 500K | 9.11% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 22.78% | 13.81% |
| Professional and Related Occupations | 44.79% | 22.68% |
| Service | 7.41% | 14.51% |
| Sales and Office | 19.28% | 25.22% |
| Farming, Fishing, and Forestry | 0.02% | 0.68% |
| Construction, Extraction, and Maintenance | 2.56% | 9.37% |
| Production, Transportation, and Material Moving | 2.74% | 15.86% |
The unemployment rate in Lower Merion township, PA, is 5.10%, with job growth of 0.04%. Future job growth over the next ten years is predicted to be 34.98%.
Lower Merion township, PA Taxes
Lower Merion township, PA,sales tax rate is 6.00%. Income tax is 3.57%.
Lower Merion township, PA Income and Salaries
The income per capita is $62,572, which includes all adults and children. The median household income is $105,696.
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