Jenkintown, PA is a great place to live with plenty of amenities. It has an average 2 bedroom rent of $1,610 which is slightly more than the US average rent of $1,430. In terms of groceries, Jenkintown has a grocery cost index of 108 versus the US index of 100 which means groceries are slightly more expensive in Jenkintown. There are also many local businesses around town such as the local theater called The Hiway Theater and popular restaurants like Dave & Buster’s and Toast. There are also plenty of attractions in town like the nearby Elkins Park Soccer Fields and John Fitzgerald Kennedy Memorial Park that are great for spending time outdoors.
Jenkintown has an unemployment rate of 5.6%. The US average is 6.0%.
Jenkintown 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Jenkintown
- The Sales Tax Rate for Jenkintown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jenkintown 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 Jenkintown
- The average income of a Jenkintown resident is $39,169 a year. The US average is $28,555 a year.
- The Median household income of a Jenkintown resident is $120,172 a year. The US average is $69,021 a year.