Cochranville, PA is a small tranquil town located in Chester County. It is home to several local companies such as the popular JKL floral shop, The Cochranville Hardware Store, and B & B's Family Restaurant. The cost of living in Cochranville is slightly less than the national average. For example, 2-bedroom rent costs $1,410 compared to the US average of $1,430. The Grocery Cost Index is also lower at 106 versus 100 in the US. All these factors combine to make Cochranville an attractive place for those who are looking for a quiet rural lifestyle or who want to save money on their living expenses.
Cochranville has an unemployment rate of 4.7%. The US average is 6.0%.
Cochranville has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Cochranville
- The Sales Tax Rate for Cochranville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cochranville 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 Cochranville
- The average income of a Cochranville resident is $37,707 a year. The US average is $37,638 a year.
- The Median household income of a Cochranville resident is $74,833 a year. The US average is $69,021 a year.