Thorndale, PA Economy


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Thorndale, PA is a small town located in Chester County, Pennsylvania. It offers an array of local businesses and services that make it a great place to live. The average rent for a two bedroom apartment is $1,780 which is higher than the US average of $1,430. Grocery Cost Index in Thorndale is also higher than the US average with 108 versus 100 respectively. Local companies in Thorndale include the Thorndale Pharmacy, Casey's General Store, R & S Grocery Store and Suburban Deli. Other services offered by local businesses include banking at the Citizens Bank Branch, pet supply shopping at Pet Palace and hair styling at Supercuts. With its variety of shops and services, Thorndale provides residents with plenty of amenities to ensure their daily needs are met.

Thorndale has an unemployment rate of 4.7%. The US average is 6.0%.

Thorndale has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Thorndale
- The Sales Tax Rate for Thorndale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thorndale is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Thorndale
- The average income of a Thorndale resident is $41,124 a year. The US average is $28,555 a year.
- The Median household income of a Thorndale resident is $89,150 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThorndale, PennsylvaniaUnited States
  4.76
  -5.9%-6.2%
  29.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $42,090$37,638
  $89,150$69,021
  $120,097$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  0.7%6.8%
  17.9%10.0%
  1.8%2.5%
  17.3%11.0%
  8.3%4.8%
  1.6%0.8%
  2.0%1.9%
  7.2%4.7%
  1.6%1.9%
  9.9%7.6%
  0.0%0.1%
  3.6%4.2%
  13.4%9.3%
  10.1%14.0%
  0.8%2.1%
  0.9%7.0%
  2.1%4.8%
  0.3%4.7%
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