Croydon, PA is a quaint town located near the Delaware River in Bucks County, Pennsylvania. The population is approximately 10,000 people. Its close proximity to major cities like Philadelphia and Trenton make it a great place for those who want to live in a smaller town but still enjoy big city life. The cost of living in Croydon is significantly lower than that of most other places in the US. For example, 2 bedroom rent in Croydon is $1,370 compared to an average US rental rate of $1,430. Additionally, the Grocery Cost Index in Croydon is 104 versus 100 in the US making groceries slightly more expensive than average.
Croydon is home to many well-known companies such as Benco Dental Supplies Co., Aardvark Pest Control Services Inc., and Penrose Electrical Contractors Inc. Residents can also enjoy local favorites such as Yocco’s Hotdog King and Harry’s Pizza Cafe. All these businesses contribute to making Croydon an attractive place for both business owners and residents alike.
Overall, Croydon offers a unique quality of life with its low cost of living and convenient access to nearby cities like Philadelphia and Trenton while still maintaining its small-town charm. It’s clear why so many people choose to call this beautiful town home!
Croydon has an unemployment rate of 6.1%. The US average is 6.0%.
Croydon has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Croydon
- The Sales Tax Rate for Croydon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Croydon 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 Croydon
- The average income of a Croydon resident is $27,483 a year. The US average is $37,638 a year.
- The Median household income of a Croydon resident is $63,125 a year. The US average is $69,021 a year.