Bridgewater Borough in Pennsylvania is an ideal place to live for those looking for affordability and convenience. The 2 Bedroom Rent in Bridgewater Borough is $930, which is significantly lower than the US average of $1,430. This makes it a great option for people looking to save money on rent. Furthermore, the Grocery Cost Index in Bridgewater Borough is 102, compared to 100 in the US. This suggests that grocery costs are slightly higher than the national average; however, you can find many local stores and restaurants that offer better deals than larger corporate establishments. Local businesses include Dave's Market & Deli, Grosso's Pizza & Restaurant, Giant Eagle Market District and more. Along with an array of retail stores and eateries, Bridgewater Borough offers plenty of recreational activities such as nature trails at Old Fair Grounds Park, fishing trips at Lake Towhee Park and canoeing on the Bighouse Run Creek.
Bridgewater has an unemployment rate of 8.4%. The US average is 6.0%.
Bridgewater has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Bridgewater
- The Sales Tax Rate for Bridgewater is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater 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 Bridgewater
- The average income of a Bridgewater resident is $31,985 a year. The US average is $28,555 a year.
- The Median household income of a Bridgewater resident is $55,893 a year. The US average is $69,021 a year.