Cherryhill, PA is a great place to live with affordable housing and costs of living. A two bedroom rental in the area is $900 per month, which is much lower than the US median of $1430 for the same size property. Groceries are also cheaper in Cherryhill; The cost index for groceries is 98 compared to 100 in the US. Businesses in the area include S&T Bank, GNC, and Giant Eagle, among many other local stores and eateries. In addition, Cherryhill has a variety of parks and recreation centers for residents to enjoy.
Cherryhill has an unemployment rate of 7.7%. The US average is 6.0%.
Cherryhill has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.
Tax Rates for Cherryhill
- The Sales Tax Rate for Cherryhill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherryhill is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cherryhill
- The average income of a Cherryhill resident is $24,551 a year. The US average is $28,555 a year.
- The Median household income of a Cherryhill resident is $65,809 a year. The US average is $69,021 a year.