Lower Salford, PA is a suburban town located near Philadelphia. It has a range of businesses and attractions that make it an appealing area to live in. Rent for two bedroom apartments is slightly higher than the US average at $1,790 per month. Grocery cost index is also higher than the US average of 100, reaching 108 in Lower Salford, PA. Local companies include the Penntex Paint Company which produces industrial coatings and the Valley Forge Golf Club which offers a championship golf course with impressive amenities. Attractions include historical sites such as Graeme Park, William Tennent High School, and Pennypacker Mills which are popular destinations for locals and tourists alike.
Lower Salford has an unemployment rate of 5.6%. The US average is 6.0%.
Lower Salford has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Lower Salford
- The Sales Tax Rate for Lower Salford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lower Salford 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 Lower Salford
- The average income of a Lower Salford resident is $42,510 a year. The US average is $28,555 a year.
- The Median household income of a Lower Salford resident is $148,995 a year. The US average is $69,021 a year.