Greenock, PA is a great place to live because it offers a much lower cost of living compared to the national average. The 2 bedroom rent in Greenock is around $980, which is significantly less than the US national average of $1,430. Similarly, the grocery cost index in Greenock is 98 compared to 100 in the US. This means not only can you save money on rent but also on day-to-day expenses like groceries.
The local economy of Greenock, PA is booming as well with several big companies like X Factory and Y Corp providing plenty of job opportunities. All this makes Greenock a great option for anyone looking for a new location that combines affordability with career growth opportunities. With its low rent and cost of living, Greenock provides an excellent opportunity for those who want to move there and take advantage of all that this city has to offer.
Greenock has an unemployment rate of 7.1%. The US average is 6.0%.
Greenock has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Greenock
- The Sales Tax Rate for Greenock is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenock 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 Greenock
- The average income of a Greenock resident is $41,262 a year. The US average is $37,638 a year.
- The Median household income of a Greenock resident is $50,088 a year. The US average is $69,021 a year.