Exeter Township (Berks Cnty), PA is a vibrant community located in Berks County. It is home to several large companies such as Merck Pharmaceuticals, Nestle Purina Petcare and Sovereign Bank. The local economy is supported by these businesses and a host of smaller companies who are active in the area. Rent for two bedroom apartments is much lower than the rest of the US at $1,220 per month, and grocery costs also index lower than the national average at 103 versus 100. Residents here enjoy strong employment opportunities and affordable living expenses.
Exeter township (Berks County) has an unemployment rate of 5.4%. The US average is 6.0%.
Exeter township (Berks County) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Exeter township (Berks County)
- The Sales Tax Rate for Exeter township (Berks County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Exeter township (Berks County) 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 Exeter township (Berks County)
- The average income of a Exeter township (Berks County) resident is $35,345 a year. The US average is $28,555 a year.
- The Median household income of a Exeter township (Berks County) resident is $86,981 a year. The US average is $69,021 a year.