Lenox, Pennsylvania is a small town located in the heart of Pennsylvania's coal region. This small town boasts a lower cost of living than the US average, with 2 bedroom rent at $910 compared to the US average of $1,430. Furthermore, grocery costs are on par with the US average at 100 on the Grocery Cost Index. This makes Lenox an ideal place for those looking to save money and still enjoy all that Pennsylvania has to offer.
Local companies include The Olde Homestead Farm Market & Bakery that offers fresh produce from nearby farmers; Red Steel Farms which produces grass-fed beef and pasture-raised pork; and The Lenox Foundry which specializes in custom-made iron products such as gates, doors, fireplaces and more.
Lenox has an unemployment rate of 6.7%. The US average is 6.0%.
Lenox has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Lenox
- The Sales Tax Rate for Lenox is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lenox 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 Lenox
- The average income of a Lenox resident is $35,130 a year. The US average is $37,638 a year.
- The Median household income of a Lenox resident is $65,714 a year. The US average is $69,021 a year.