Freehold, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Freehold, PA is a small town in the eastern part of Pennsylvania. It has an estimated population of 4,000 people, and is known for its unique culture and local businesses. When it comes to rent prices for two bedroom apartments, Freehold offers a bargain at $830 per month compared to the US average of $1,430. The grocery cost index in Freehold is 97, which is lower than the national average of 100. For those looking to save money while living in Freehold, PA, it's definitely worth considering.
Local companies include Round Guys Brewing Company specializing in craft beer brewing; Great Clips providing hair care services; and Italiano Pizza offering delicious pizza made with fresh ingredients from local farms. All these companies are locally owned and have been serving their local community for many years now.

Freehold has an unemployment rate of 7.6%. The US average is 6.0%.

Freehold 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 Freehold
- The Sales Tax Rate for Freehold is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Freehold 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 Freehold
- The average income of a Freehold resident is $16,505 a year. The US average is $28,555 a year.
- The Median household income of a Freehold resident is $65,144 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFreehold, PennsylvaniaUnited States
  7.66
  -5.1%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $25,735$37,638
  $65,144$69,021
  $67,500$85,028
  Population by Occupation
  4.2%1.2%
  1.6%0.5%
  5.8%6.8%
  28.7%10.0%
  6.5%2.5%
  10.2%11.0%
  2.3%4.8%
  1.4%0.8%
  1.6%1.9%
  1.6%4.7%
  0.0%1.9%
  6.0%7.6%
  0.0%0.1%
  0.7%4.2%
  3.5%9.3%
  15.0%14.0%
  0.0%2.1%
  5.8%7.0%
  3.2%4.8%
  1.9%4.7%
Health
Compare Freehold, PA
cost of living
Compare food, housing, utilities, and more in Freehold, Pennsylvania to any other city in the US.