Factoryville, PA is an ideal place to live for those seeking a low cost of living. The average 2 bedroom rent in Factoryville is $940, which is significantly lower than the national average of $1,430. Additionally, the local grocery cost index in Factoryville is 100, on par with the rest of the country. This makes it easy to stay within budget when shopping for groceries. Factoryville boasts many family-owned businesses such as John's Auto Shop and Sarah's Bakery & Cafe, catering to its residents' daily needs. In comparison to other parts of America, Factoryville provides a more affordable lifestyle without sacrificing much quality or convenience&mash;an excellent choice for potential homeowners and renters alike.
Factoryville has an unemployment rate of 7.7%. The US average is 6.0%.
Factoryville has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Factoryville
- The Sales Tax Rate for Factoryville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Factoryville 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 Factoryville
- The average income of a Factoryville resident is $17,204 a year. The US average is $28,555 a year.
- The Median household income of a Factoryville resident is $55,694 a year. The US average is $69,021 a year.