Glenburn, PA Economy


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Glenburn, PA is a small town located in Lackawanna County with an estimated population of 2,633. It is home to many local businesses offering unique services and products at competitive prices. For example, the average two bedroom rent rate in Glenburn is $1,100 which is substantially lower than the US average two bedroom rent rate of $1,430. Likewise, Glenburn has a grocery cost index of 104 compared to the US' 100. This means that groceries are slightly more expensive in Glenburn than they are in the US; however, this difference is not immense and can be easily covered with the cheaper rent rates in town. Local businesses within Glenburn include Your Town Grocers providing fresh produce for your meals, Syrup & Sorbet offering delicious desserts and treats and Valley Electric giving efficient electric solutions at great costs. Each business provides quality services at competitive prices making them the top choice for locals looking to save some money.

Glenburn has an unemployment rate of 8.1%. The US average is 6.0%.

Glenburn 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 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Glenburn
- The Sales Tax Rate for Glenburn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glenburn 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 Glenburn
- The average income of a Glenburn resident is $42,296 a year. The US average is $28,555 a year.
- The Median household income of a Glenburn resident is $69,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlenburn, PennsylvaniaUnited States
  8.16
  -6.1%-6.2%
  26.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $50,969$37,638
  $69,464$69,021
  $82,019$85,028
  Population by Occupation
  0.0%1.2%
  1.7%0.5%
  10.0%6.8%
  9.5%10.0%
  8.3%2.5%
  7.6%11.0%
  3.4%4.8%
  1.1%0.8%
  4.4%1.9%
  1.7%4.7%
  1.9%1.9%
  8.9%7.6%
  0.0%0.1%
  3.0%4.2%
  7.2%9.3%
  19.5%14.0%
  5.1%2.1%
  1.5%7.0%
  3.8%4.8%
  1.5%4.7%
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