Kennett Square, Pennsylvania is a vibrant town located in Chester County. It has a unique culture and offers plenty of attractions including shopping, dining, entertainment, and outdoor activities. The cost of living in Kennett Square is affordable compared to other parts of the country – two-bedroom apartment rents average around $1,350 per month while the US average is $1,430. Grocery costs are also lower with an index of 110 versus 100 nationwide. There are several local employers such as Longwood Gardens, Victory Brewing Company, ViaTech Solutions Inc., and Kennett Square Specialty Foods Group that offer great job opportunities for locals as well as visitors. All in all, Kennett Square offers a welcoming atmosphere with plenty to do and explore at affordable prices.
Kennett Square has an unemployment rate of 4.7%. The US average is 6.0%.
Kennett Square 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 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Kennett Square
- The Sales Tax Rate for Kennett Square is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kennett Square 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 Kennett Square
- The average income of a Kennett Square resident is $26,336 a year. The US average is $28,555 a year.
- The Median household income of a Kennett Square resident is $65,984 a year. The US average is $69,021 a year.