Fallowfield, PA is a small town with a population of 8,637. It is located in the southeastern part of Pennsylvania and offers its residents a relaxed lifestyle. Despite its tranquil atmosphere, Fallowfield has much to offer. There are an abundance of amenities such as shopping centers, restaurants, and parks for residents to enjoy. Additionally, Fallowfield's cost of living is quite low; the average two-bedroom rent is just $930 per month compared to the United States' average rental price of $1,430. Grocery costs are also relatively inexpensive in Fallowfield with an index score 96 versus 100 in the US. Some prominent local companies include Rainmaker Solutions LLC, Seacrest Services Inc., Gateway Dental Care LLC, and PJP Equipment Inc. These businesses provide employment opportunities for locals while contributing to Fallowfield's economic stability and prosperity.
Fallowfield has an unemployment rate of 7.9%. The US average is 6.0%.
Fallowfield 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 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Fallowfield
- The Sales Tax Rate for Fallowfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fallowfield 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 Fallowfield
- The average income of a Fallowfield resident is $23,747 a year. The US average is $28,555 a year.
- The Median household income of a Fallowfield resident is $63,750 a year. The US average is $69,021 a year.