New Beaver, PA is a small town located in Pennsylvania with many opportunities for its residents. The average 2 bedroom rent in New Beaver is $860, which is much lower than the US average of $1,430. Similarly, the Grocery Cost Index in New Beaver is 98 versus 100 nationally, making it an ideal place for those who want to save money while still receiving quality goods and services. \nThe town of New Beaver also boasts several local businesses that offer great employment opportunities. From electronics stores to farm markets, there is something for everyone. The area also has several parks and recreational areas as well as easy access to nearby cities such as Pittsburgh and Cleveland. Living in New Beaver allows its residents to benefit from the low cost of living while still being close enough to larger cities that they can take advantage of all they have to offer.
New Beaver has an unemployment rate of 9.3%. The US average is 6.0%.
New Beaver has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for New Beaver
- The Sales Tax Rate for New Beaver is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Beaver 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 New Beaver
- The average income of a New Beaver resident is $21,901 a year. The US average is $28,555 a year.
- The Median household income of a New Beaver resident is $52,898 a year. The US average is $69,021 a year.