Haverford, PA Economy


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Haverford, PA is a unique and vibrant city located in Montgomery County. It offers residents a variety of amenities such as affordable housing, with a two bedroom rate at about $1,520 per month, which is slightly higher than the US average of $1,430 per month. Additionally, Haverford also has a very competitive grocery cost index at 109 versus the national average of 100. Local companies that are popular in this area include Haverford Foods Inc., Renova Group LLC, and Kia Motors America. Each of these businesses provide quality services to local citizens as well as those from other areas.

Haverford has an unemployment rate of 4.7%. The US average is 6.0%.

Haverford 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 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Haverford
- The Sales Tax Rate for Haverford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Haverford 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 Haverford
- The average income of a Haverford resident is $42,231 a year. The US average is $28,555 a year.
- The Median household income of a Haverford resident is $114,554 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaverford, PennsylvaniaUnited States
  4.76
  -6.9%-6.2%
  29.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $54,373$37,638
  $114,554$69,021
  $137,687$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.0%6.8%
  6.4%10.0%
  2.1%2.5%
  8.4%11.0%
  2.3%4.8%
  0.5%0.8%
  3.0%1.9%
  7.7%4.7%
  2.0%1.9%
  12.8%7.6%
  0.8%0.1%
  3.7%4.2%
  16.1%9.3%
  15.4%14.0%
  1.7%2.1%
  5.2%7.0%
  4.3%4.8%
  3.5%4.7%
Reviews for Haverford
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Not exactly a social hub. People stick to themselves and clearly have a "Mainline" sense of entitlement. Too bad because, it's a beautiful place with lovely geography  More

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Nestled within Haverford Township lies Havertown, a town that can be proud of its historic roots, its proximity to Philadelphia, and its family-centric lifestyles. Top  More

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