Broomall, PA Economy


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Broomall, PA is an excellent area to live in with plenty of amenities and attractions. The average 2 bedroom rent in Broomall, PA is $1,610 which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Broomall is 109 versus 100 in the US, making it a more expensive place to shop. \nThe town is home to many local companies such as Sidney Kimmel Medical College at Thomas Jefferson University Radnor Township School District Delaware County Community College and SEPTA regional rail lines. There are also plenty of attractions for people looking for entertainment or a day out such as Tyler Arboretum, Granite Run Mall, John Heinz National Wildlife Refuge at Tinicum, and Adventure Aquarium among many others.

Broomall has an unemployment rate of 7.1%. The US average is 6.0%.

Broomall has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Broomall
- The Sales Tax Rate for Broomall is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Broomall 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 Broomall
- The average income of a Broomall resident is $33,661 a year. The US average is $28,555 a year.
- The Median household income of a Broomall resident is $105,867 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBroomall, PennsylvaniaUnited States
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $47,763$37,638
  $105,867$69,021
  $117,319$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.9%6.8%
  8.5%10.0%
  1.5%2.5%
  9.5%11.0%
  2.8%4.8%
  1.0%0.8%
  1.4%1.9%
  7.6%4.7%
  1.7%1.9%
  6.7%7.6%
  0.0%0.1%
  3.7%4.2%
  12.6%9.3%
  19.6%14.0%
  2.6%2.1%
  4.3%7.0%
  8.2%4.8%
  2.4%4.7%
Reviews for Broomall
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Over 14 years ago

depending on the jet stream, climate changes in Broomall can very by 30 to 40 degrees between morning and evening tempertures.  More

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