Jim Thorpe, PA is a small town located in Pennsylvania’s Carbon County that offers great affordability and convenience for its residents. The median 2 bedroom rent in Jim Thorpe is $1,100 which is $330 cheaper than the national median rent of $1,430. This makes it an ideal place for people who are looking to reduce their monthly expenses without compromising on quality of life. Apart from this, the cost of living in Jim Thorpe is very reasonable with the Grocery Cost Index standing at 102 versus 100 for the US as a whole. Several local businesses such as Kost Tire and Auto Service, K & H Corner Store and Snappy’s Pizza thrive in Jim Thorpe due to its low cost of living. The small town feel coupled with excellent affordability make Jim Thorpe an attractive location many people may be interested in calling home.
Jim Thorpe has an unemployment rate of 7.9%. The US average is 6.0%.
Jim Thorpe has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Jim Thorpe
- The Sales Tax Rate for Jim Thorpe is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jim Thorpe 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 Jim Thorpe
- The average income of a Jim Thorpe resident is $27,571 a year. The US average is $28,555 a year.
- The Median household income of a Jim Thorpe resident is $54,633 a year. The US average is $69,021 a year.