Milford township (Bucks Cnty), PA is an affordable place to live for those looking for a 2 bedroom rental. The rent for a 2 bedroom in Milford township is $1,410 which is lower than the US average of $1,430. Additionally, the grocery cost index in Milford township is 106 versus 100 in the US making groceries more affordable here than in other parts of the country. Many local businesses such as Gresser Motors and R&R Auto Repair have called Milford township home for years providing good jobs and services to residents. All this makes Milford Township a great place to call home.
Milford township (Bucks County) has an unemployment rate of 6.1%. The US average is 6.0%.
Milford township (Bucks County) 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 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Milford township (Bucks County)
- The Sales Tax Rate for Milford township (Bucks County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milford township (Bucks County) is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milford township (Bucks County)
- The average income of a Milford township (Bucks County) resident is $47,586 a year. The US average is $37,638 a year.
- The Median household income of a Milford township (Bucks County) resident is $110,901 a year. The US average is $69,021 a year.