Drexel Hill, Pennsylvania is a great place to live due to its close proximity to Philadelphia, low crime rates, and lower than average costs of living. The average rent for a two bedroom in Drexel Hill is $1,410 compared to the US average of $1,430. Grocery costs are also below the national average with an index of 103 versus 100 in the US. This makes Drexel Hill an ideal place for families and young professionals alike who want access to urban amenities without breaking the bank. Notable companies in Drexel Hill include CVS Pharmacy, Verizon Wireless, Dunkin' Donuts and ACME Markets. With such great local businesses, reasonable rent prices and close proximity to Philadelphia, it’s no wonder why many people choose to call Drexel Hill home.
Drexel Hill has an unemployment rate of 7.1%. The US average is 6.0%.
Drexel Hill has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Drexel Hill
- The Sales Tax Rate for Drexel Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Drexel Hill 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 Drexel Hill
- The average income of a Drexel Hill resident is $32,283 a year. The US average is $28,555 a year.
- The Median household income of a Drexel Hill resident is $76,403 a year. The US average is $69,021 a year.