East Norriton, PA is a city of about 4,500 people in Montgomery County. It is conveniently located near Philadelphia and other cities for those looking to find work and enjoy suburban living. In terms of affordability, rent for a 2-bedroom apartment in East Norriton is slightly higher than the US average at $1,590 compared to $1,430. The grocery cost index is also higher with 104 compared to the US average of 100. There are many local companies that make up the city's economy such as The Home Depot, Kohl's Department Store, Safeway Pharmacy & Giftshop, Harbor Freight Tools, and more. Together these companies provide employment opportunities and contribute to the economic stability of East Norriton. With its close proximity to Philadelphia and its affordable living costs it makes an ideal place for people looking for suburban life but still want access to big city amenities.
East Norriton has an unemployment rate of 5.6%. The US average is 6.0%.
East Norriton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for East Norriton
- The Sales Tax Rate for East Norriton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Norriton 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 East Norriton
- The average income of a East Norriton resident is $39,834 a year. The US average is $28,555 a year.
- The Median household income of a East Norriton resident is $89,088 a year. The US average is $69,021 a year.