Lake Township in Luzerne County, Pennsylvania is a great place to call home. The town offers two bedroom rental prices that are much lower than the national average at $1,130 a month. Grocery costs are slightly higher than the national average but still relatively low at 102 on the index versus 100 nationally. \nLocal businesses include gas stations, convenience stores, and a selection of eateries ranging from fast food to family-friendly restaurants. The area also hosts multiple retail stores for shopping with local charm like Jordans gifts and more. For those looking for outdoor activities, there are several parks and trails located within Lake Township. With its convenient location near Wilkes-Barre and Hazleton cities and lots of local attractions such as Steamtown National Historic Site, Montage Mountain Ski Resort, Seven Tubs Natural Area, PNC Field Stadium and Mohegan Sun Pocono Casino & Racetrack there’s something for everyone to enjoy.
Lake township (Luzerne County) has an unemployment rate of 9.6%. The US average is 6.0%.
Lake township (Luzerne County) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Lake township (Luzerne County)
- The Sales Tax Rate for Lake township (Luzerne County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lake township (Luzerne County) 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 Lake township (Luzerne County)
- The average income of a Lake township (Luzerne County) resident is $26,310 a year. The US average is $28,555 a year.
- The Median household income of a Lake township (Luzerne County) resident is $75,982 a year. The US average is $69,021 a year.