Lawrence Park, PA is a small borough that has many advantages for residents. It is situated close to major cities such as Pittsburgh and Erie, providing easy access to employment opportunities. The cost of living in Lawrence Park is also quite attractive; two bedroom rentals cost $1,060 compared to the US average of $1,430. Additionally, the grocery cost index is 96 against the US average of 100. Local companies in Lawrence Park include Gander Mountain, Moliterno Trucking Inc., and Fields Brothers Heavy Construction. In general, Lawrence Park offers a great quality of life due to its close proximity to larger cities and its reasonable costs of living.
Lawrence Park has an unemployment rate of 9.1%. The US average is 6.0%.
Lawrence Park has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Lawrence Park
- The Sales Tax Rate for Lawrence Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lawrence 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 Lawrence Park
- The average income of a Lawrence Park resident is $23,472 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence Park resident is $61,232 a year. The US average is $69,021 a year.