Millsboro, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Millsboro, PA is a vibrant and diverse community located in Bucks County. The town boasts a variety of local businesses including small restaurants, diners, and pubs. Additionally, Millsboro is home to many retail stores such as Target and Walmart. Rent for a 2 bedroom home in the area averages around $1,020 per month which is significantly lower than the national average of $1,430 per month. The Grocery Cost Index in Millsboro is 97 versus 100 in the US, making groceries more affordable compared to other towns across the country. With its affordable prices and lively atmosphere, Millsboro continues to be an attractive option for people looking to settle down in Pennsylvania.

Millsboro has an unemployment rate of 7.9%. The US average is 6.0%.

Millsboro has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Millsboro
- The Sales Tax Rate for Millsboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millsboro 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 Millsboro
- The average income of a Millsboro resident is $24,423 a year. The US average is $28,555 a year.
- The Median household income of a Millsboro resident is $83,224 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillsboro, PennsylvaniaUnited States
  7.96
  -7.0%-6.2%
  24.4%33.5%
  6.0%6.2%
  3.1%4.6%
  $33,140$37,638
  $83,224$69,021
Family Median Income 85028
Health
Compare Millsboro, PA
cost of living
Compare food, housing, utilities, and more in Millsboro, Pennsylvania to any other city in the US.