Bedford, PA is located in the south central part of Pennsylvania and offers an affordable cost of living for those looking to settle down. The average two-bedroom rent in the area is $840 compared to the national average of $1,430. Additionally, grocery costs in Bedford are 1% higher than the national index of 100. Bedford has recently seen an influx in local businesses, including places like All Active Fitness Center, Emerick Realty and Auctioneers, and The Village Emporium Gift Shop. These companies demonstrate Bedford's commitment to local growth and support for its residents.
Bedford township has an unemployment rate of 7.2%. The US average is 6.0%.
Bedford township has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Bedford township
- The Sales Tax Rate for Bedford township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bedford township is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bedford township
- The average income of a Bedford township resident is $29,699 a year. The US average is $37,638 a year.
- The Median household income of a Bedford township resident is $68,376 a year. The US average is $69,021 a year.