Newmanstown, PA is a small town located in the Lehigh Valley region of Pennsylvania with a population of 2,636 people. It has an affordable rental market with the average two bedroom rent rate at $1,060 compared to the U.S. average of $1,430. Grocery cost index in Newmanstown is also surprisingly low for its size at 103 versus 100 in the US. This makes it a great place to live for families and young professionals alike. Popular local companies include Fegley's Brew Works, Newmanstown Hardware Store, Gockley’s Furniture & Appliance Store and Ken's Meats & Deli Market
Newmanstown has an unemployment rate of 6.3%. The US average is 6.0%.
Newmanstown has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Newmanstown
- The Sales Tax Rate for Newmanstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newmanstown 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 Newmanstown
- The average income of a Newmanstown resident is $22,351 a year. The US average is $28,555 a year.
- The Median household income of a Newmanstown resident is $77,747 a year. The US average is $69,021 a year.