Lower Frankford, PA is a small town situated in Pennsylvania with an array of local businesses. It offers residents a variety of amenities including restaurants, shops, and entertainment venues. The cost of living in Lower Frankford is lower than the US average, with rent for a two-bedroom apartment costing an average of $1,210 and grocery costs index rated at 105 versus the US rate of 100. Popular companies located in Lower Frankford are Heady Growth LLC, ACE Alarms & Security Services, and Interiors by Design. Residents have access to excellent educational opportunities as well as leisure activities nearby. With its affordable housing options and low cost of living, Lower Frankford is an ideal place for people looking to relocate or find their dream home.
Lower Frankford has an unemployment rate of 5.1%. The US average is 6.0%.
Lower Frankford has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Lower Frankford
- The Sales Tax Rate for Lower Frankford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lower Frankford is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lower Frankford
- The average income of a Lower Frankford resident is $27,345 a year. The US average is $28,555 a year.
- The Median household income of a Lower Frankford resident is $66,250 a year. The US average is $69,021 a year.