Cherrytree, PA is a small city located in central Pennsylvania. It's known for its low cost of living with an average rent for a two-bedroom unit being just $800 compared to the national average of $1,430. Grocery costs are also lower in Cherrytree compared to the US, with a grocery cost index of 93 versus 100 nationally. This makes it an attractive destination for those seeking to stretch their money further.
The city is home to a number of local businesses such as Smith Building Supplies and Johnson Brothers Bakery, which have provided residents with quality goods and services at affordable prices since 1927. Furthermore, Cherrytree offers many recreational activities such as golfing or hiking at nearby parks like Redhill Reserve and Green Valley Park.
Overall, Cherrytree is a great place to live due to its low cost of living when compared to the national average. Residents can enjoy all that this city has to offer without breaking the bank!
Cherrytree has an unemployment rate of 8.1%. The US average is 6.0%.
Cherrytree has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.
Tax Rates for Cherrytree
- The Sales Tax Rate for Cherrytree is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cherrytree 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 Cherrytree
- The average income of a Cherrytree resident is $26,170 a year. The US average is $37,638 a year.
- The Median household income of a Cherrytree resident is $58,333 a year. The US average is $69,021 a year.