Honesdale, PA is a vibrant city located in Wayne County. It is known for its historic Victorian downtown and picturesque waterfront views. The town is home to the Paupack High Rocks, a popular tourist attraction. Honesdale also has an abundance of local businesses offering unique products and services, such as Glenny's Bike Shop, Red Maple Cafe & Catering, Amato's Pizza & Restaurant, and The Clothesline Consignment Store. Renters may find affordable housing in Honesdale with 2 bedroom rent averaging $970 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Honesdale is 103 versus 100 in the US making it cheaper than many other cities.
Honesdale has an unemployment rate of 8.3%. The US average is 6.0%.
Honesdale has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Honesdale
- The Sales Tax Rate for Honesdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Honesdale 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 Honesdale
- The average income of a Honesdale resident is $18,424 a year. The US average is $28,555 a year.
- The Median household income of a Honesdale resident is $40,042 a year. The US average is $69,021 a year.