Cherry Grove, PA is an attractive city for those looking for more affordable living. With a two bedroom rent at just $720 monthly, it is much lower than the U.S. average of $1,430. People who live in Cherry Grove enjoy some notable savings on food costs as well, with the Grocery Cost Index rating 96 compared to the national average of 100. The city has several local businesses that offer goods and services to residents, including Smith's Electronics, Brown Home Repair and Moore Boutique Clothing. Additionally, there are plenty of recreational activities in town such as bike trails, swimming pools and parks that make it a great place to live and visit.
Cherry Grove has an unemployment rate of 7.6%. The US average is 6.0%.
Cherry Grove has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Cherry Grove
- The Sales Tax Rate for Cherry Grove is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherry Grove 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 Cherry Grove
- The average income of a Cherry Grove resident is $17,874 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Grove resident is $51,250 a year. The US average is $69,021 a year.