Cornwells Heights, PA is an area located in Bucks County. It is known for its relatively low cost of living and close proximity to major cities such as Philadelphia and Trenton. The average rent for a two-bedroom apartment is $1,600, which is significantly lower than the US average of $1,430. In addition, the grocery cost index in Cornwells Heights is 105 versus 100 in the US. This makes it more affordable to buy groceries in this area compared to other places. There are several local businesses in Cornwells Heights, such as Bucks County Outfitters LLC, Palisades Pet & Farm Supply Co., Alfa Tile & Stone Inc., and ServeU Family Services LLC. These companies offer services ranging from outdoor apparel and pet supplies to tile installation and family resources.
Cornwells Heights has an unemployment rate of 6.1%. The US average is 6.0%.
Cornwells Heights has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Cornwells Heights
- The Sales Tax Rate for Cornwells Heights is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cornwells Heights 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 Cornwells Heights
- The average income of a Cornwells Heights resident is $26,831 a year. The US average is $28,555 a year.
- The Median household income of a Cornwells Heights resident is $75,285 a year. The US average is $69,021 a year.