Denver, PA is a small borough located in Lancaster County. It is home to approximately 3,100 residents who enjoy the town's safe and peaceful atmosphere. The local economy boasts multiple businesses such as Countryside Produce Market, Schubert’s Family Restaurant and Gift Shop, and the Denver Garage Door Company. The cost of living in Denver is lower than that of the United States average; specifically rent for two-bedroom apartments is about $1,080 compared to $1,430 nationally, while the Grocery Cost Index in Denver stands at 104 compared to 100 on average across the US. Residents of Denver can benefit from the low cost of living and enjoy a quality lifestyle without breaking their budget.
Denver has an unemployment rate of 5.6%. The US average is 6.0%.
Denver has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Denver
- The Sales Tax Rate for Denver is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Denver 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 Denver
- The average income of a Denver resident is $28,739 a year. The US average is $37,638 a year.
- The Median household income of a Denver resident is $70,000 a year. The US average is $69,021 a year.