Lanesboro, PA is a quaint town located in southeastern Pennsylvania. The cost of living in Lanesboro is relatively low compared to other areas, with 2 Bedroom rent being around $920 compared to $1,430 for the US. Another contributing factor to the affordability of the area is its Grocery Cost Index which is 97 versus 100 in the US. \nThe local economy of Lanesboro is mainly supported by small businesses such as True Value Hardware Store, Whetstone Station Restaurant & Brewery, and Peight's Feed & Farm Supplies. These companies offer a variety of goods and services that make living in Lanesboro convenient and enjoyable. \nOverall, it’s clear why many people choose to move to Lanesboro- its affordability combined with great local businesses makes it an attractive place to live.
Lanesboro has an unemployment rate of 6.7%. The US average is 6.0%.
Lanesboro has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Lanesboro
- The Sales Tax Rate for Lanesboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lanesboro 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 Lanesboro
- The average income of a Lanesboro resident is $18,451 a year. The US average is $28,555 a year.
- The Median household income of a Lanesboro resident is $27,112 a year. The US average is $69,021 a year.