Terre Hill, PA is a small town located in the center of Pennsylvania. It has a population of around 1,500 people and is known for its peaceful atmosphere and picturesque scenery. The cost of living in Terre Hill is slightly lower than the US average, with two bedroom rental costs at $1,320 compared to $1,430 nationwide. Groceries are also more affordable as the local grocery cost index is 104 versus 100 in the US. Residents benefit from convenient access to larger cities like Philadelphia, Lancaster and Reading. Local businesses include B&B Farm Market, a family-run produce market providing fresh farm products; Terre Hill Concrete Products Inc., a manufacturer of high quality concrete products; and Kochenderfer's Hardware Store which offers customers quality hardware supplies.
Terre Hill has an unemployment rate of 5.6%. The US average is 6.0%.
Terre Hill has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Terre Hill
- The Sales Tax Rate for Terre Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Terre Hill 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 Terre Hill
- The average income of a Terre Hill resident is $21,285 a year. The US average is $28,555 a year.
- The Median household income of a Terre Hill resident is $62,841 a year. The US average is $69,021 a year.