Palmerton, PA is a great place to live and work. The town has many local companies and businesses offering employment opportunities as well as amenities such as restaurants, shopping, parks, and entertainment. Rent for a two bedroom apartment is lower than the US average at $1,150 per month which makes Palmerton a desirable place to reside. Additionally, the grocery cost index in the area is 103 versus 100 in the US making it affordable to feed a family. Some of the local companies include Jeff's Automotive, Lee Insurance Agency, and White Star Motors among many others. With all of these great benefits in mind, Palmerton, PA is an ideal place to live and raise a family.
Palmerton has an unemployment rate of 7.9%. The US average is 6.0%.
Palmerton has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Palmerton
- The Sales Tax Rate for Palmerton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmerton 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 Palmerton
- The average income of a Palmerton resident is $38,602 a year. The US average is $37,638 a year.
- The Median household income of a Palmerton resident is $60,495 a year. The US average is $69,021 a year.