Highland Park, PA is a great place to live for those looking for an affordable lifestyle. This town has an average two bedroom rental rate of $830 per month, compared to the national average of $1,430. Additionally, the grocery cost index in Highland Park is lower than the US average at 97 versus 100. There are also several local companies that contribute to the economy such as Luman Industries, a manufacturing facility; Inks Lake State Park, a recreational facility; and Jamison Hill Farms, a family owned farm. With its low cost of living and variety of local businesses, Highland Park is a great place to call home.
Highland Park has an unemployment rate of 6.9%. The US average is 6.0%.
Highland Park has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.
Tax Rates for Highland Park
- The Sales Tax Rate for Highland Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highland Park 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 Highland Park
- The average income of a Highland Park resident is $26,220 a year. The US average is $37,638 a year.
- The Median household income of a Highland Park resident is $55,142 a year. The US average is $69,021 a year.