Newtown Grant, PA is a small but vibrant community located in Bucks County. It is a great place to live for those who are looking for peace and quiet while still having access to nearby cities for work or entertainment. With the 2 bedroom rent being $2,200 and the Grocery Cost Index at 112 compared to 100 in the US, Newtown Grant is a bit more expensive than other areas but it's worth the extra cost given its many amenities. Local companies such as Garden Oaks Nursery, Trolley Stop Farm Market, and Shady Brook Farms provide plenty of shopping options for residents. There are also many local restaurants like La Stalla Italian Eatery and Garden State Bar & Grill that make Newtown Grant an even more desirable place to live.
Newtown Grant has an unemployment rate of 6.1%. The US average is 6.0%.
Newtown Grant 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 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Newtown Grant
- The Sales Tax Rate for Newtown Grant is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newtown Grant 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 Newtown Grant
- The average income of a Newtown Grant resident is $55,813 a year. The US average is $28,555 a year.
- The Median household income of a Newtown Grant resident is $165,252 a year. The US average is $69,021 a year.