New Freeport, PA is a great place to live for those looking for an affordable option. The 2 Bedroom Rent in New Freeport, PA is $860 compared to the US average of $1,430, making it much more cost-effective. Additionally, the Grocery Cost Index in New Freeport is 99 versus 100 in the US. This makes New Freeport an attractive destination for young professionals with lower salaries.
When it comes to local companies and amenities, residents can look forward to numerous options. Some of the most popular businesses include Freeporter Salons & Spa, Tradewinds Restaurant & Bar, and Greenleaf's Bakery & Cafe. Aside from these businesses, there are also parks and recreational centers that offer walking trails and bike paths for active individuals. Furthermore, New Freeport boasts numerous restaurants ranging from fine dining to casual lunch spots that cater to all palates.
New Freeport has an unemployment rate of 8.4%. The US average is 6.0%.
New Freeport has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for New Freeport
- The Sales Tax Rate for New Freeport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Freeport 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 New Freeport
- The average income of a New Freeport resident is $14,505 a year. The US average is $28,555 a year.
- The Median household income of a New Freeport resident is $58,750 a year. The US average is $69,021 a year.