Hatboro, PA is a great place to live for those looking to be close to Philadelphia without the hustle and bustle of city life. Local businesses include The Hair Cuttery, Dollar General, Hatboro Beverage, and Grater's Ice Cream. The cost of living in Hatboro is slightly higher than the US average with a 2 Bedroom rent costing $1,580 compared to $1,430 nationally. The grocery cost index in Hatboro is also higher at 107 versus the national cost index of 100.
Hatboro has an unemployment rate of 5.6%. The US average is 6.0%.
Hatboro has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Hatboro
- The Sales Tax Rate for Hatboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hatboro is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hatboro
- The average income of a Hatboro resident is $44,074 a year. The US average is $37,638 a year.
- The Median household income of a Hatboro resident is $95,822 a year. The US average is $69,021 a year.