Cherry Ridge, PA is a small community located in the Northeastern United States. It is known for its low cost of living with two bedroom rental units going for around $990 per month. The grocery cost index in Cherry Ridge is slightly higher than the US average of 100, but still quite low at 103. Local companies include Cherry Ridge Classic Car and Truck Repair and the Cherry Ridge Garage Sale Store. There are many outdoor activities to enjoy such as hiking and fishing along the nearby river or hitting up one of the local parks for picnicking, volleyball games, and plenty of sun tanning spots. The shopping centers have a wide variety of stores to choose from featuring national brands as well as local favorites like Thayer’s Department Store. For those seeking an active lifestyle, there are plenty of recreational sports leagues that can be found throughout the area such as basketball, soccer, tennis and more. With its friendly atmosphere and affordable housing costs, it is no wonder why so many people choose to make their home in Cherry Ridge!
Cherry Ridge has an unemployment rate of 8.3%. The US average is 6.0%.
Cherry Ridge has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Cherry Ridge
- The Sales Tax Rate for Cherry Ridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherry Ridge is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cherry Ridge
- The average income of a Cherry Ridge resident is $27,972 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Ridge resident is $60,709 a year. The US average is $69,021 a year.