Dorrance, PA is an attractive small town located in Luzerne County. The cost of living is significantly lower than the US average with 2 bedroom rental costs at $920 compared to $1,430 on a national scale. This makes it an ideal place for families and individuals looking to purchase or rent a home. There are many local businesses that contribute to the community's economy and quality of life such as Dorrance Store, Rodano's Pizza & Restaurant, Kline's Pharmacy, and Southern Bank. The Grocery Cost Index in Dorrance is 102 versus 100 in the US which means that groceries are slightly more expensive than the national average but still cheaper than many other towns throughout the country. All in all, Dorrance is an excellent place for those who want to save money while living a comfortable lifestyle.
Dorrance has an unemployment rate of 9.6%. The US average is 6.0%.
Dorrance has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Dorrance
- The Sales Tax Rate for Dorrance is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dorrance 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 Dorrance
- The average income of a Dorrance resident is $32,109 a year. The US average is $28,555 a year.
- The Median household income of a Dorrance resident is $86,863 a year. The US average is $69,021 a year.