Cromwell, PA Economy


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Cromwell, PA is a small town located in the state of Pennsylvania. It is known for its picturesque views and its abundance of natural beauty. The town is home to many local companies, such as Cromwell Printing & Design, Cromwell Financial Services, and Cromwell Entertainment Group. Rent in Cromwell is quite reasonable when compared to other parts of the country. A two bedroom apartment can be rented for around $820 per month. This is much less than the national average price of $1,430 per month for two bedrooms. Additionally, the Grocery Cost Index in Cromwell stands at 99 as opposed to an index level of 100 throughout the United States. Cromwell offers a lot for those who like living in a small community with plenty of outdoor activities and plenty of local businesses to explore.

Cromwell has an unemployment rate of 8.8%. The US average is 6.0%.

Cromwell has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Cromwell
- The Sales Tax Rate for Cromwell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cromwell 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 Cromwell
- The average income of a Cromwell resident is $22,352 a year. The US average is $28,555 a year.
- The Median household income of a Cromwell resident is $60,272 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCromwell, PennsylvaniaUnited States
  8.86
  -5.6%-6.2%
  26.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $29,976$37,638
  $60,272$69,021
  $79,079$85,028
  Population by Occupation
  4.6%1.2%
  1.0%0.5%
  14.1%6.8%
  14.3%10.0%
  0.5%2.5%
  5.5%11.0%
  6.7%4.8%
  0.0%0.8%
  1.6%1.9%
  2.7%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  1.6%4.2%
  17.4%9.3%
  10.1%14.0%
  1.1%2.1%
  11.7%7.0%
  3.6%4.8%
  1.7%4.7%
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