Cornwall, PA Economy

Cornwall, PA is a great place to live for its affordable housing and cost of living. The 2 Bedroom Rent in Cornwall, PA is $1,200 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Cornwall, PA is 102 versus 100 in the US. There are many local businesses such as Wertz Candy Store, Lorah's Home Bakery & Restaurant, and Schoeneck Containers Inc that make Cornwall, PA a welcoming town.

Cornwall has an unemployment rate of 6.3%. The US average is 6.0%.

Cornwall has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Cornwall
- The Sales Tax Rate for Cornwall is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cornwall 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 Cornwall
- The average income of a Cornwall resident is $41,688 a year. The US average is $28,555 a year.
- The Median household income of a Cornwall resident is $90,983 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Cornwall, Pennsylvania	United States
	6.3	6
	-5.0%	-6.2%
	26.4%	33.5%
	6.0%	6.2%
	4.1%	4.6%
	$48,557	$37,638
	$90,983	$69,021
	$100,556	$85,028
Population by Occupation
	0.0%	1.2%
	0.0%	0.5%
	14.3%	6.8%
	15.0%	10.0%
	3.0%	2.5%
	8.4%	11.0%
	2.9%	4.8%
	0.7%	0.8%
	0.2%	1.9%
	2.9%	4.7%
	3.4%	1.9%
	5.8%	7.6%
	0.0%	0.1%
	2.6%	4.2%
	8.7%	9.3%
	14.1%	14.0%
	2.8%	2.1%
	3.5%	7.0%
	6.5%	4.8%
	5.1%	4.7%