Lower Milford, PA is a small borough in Lehigh County that offers its residents an affordable cost of living. Rent for a two bedroom apartment averages around $1,260 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Lower Milford is 106 versus 100 in the US. This makes it more affordable to buy groceries than most other places in the country. Companies like App Construction and Communications Solutions are located in Lower Milford, providing employment opportunities for local residents. All-in-all Lower Milford provides an economical choice for those seeking affordable lodging and shopping options.
Lower Milford has an unemployment rate of 7.8%. The US average is 6.0%.
Lower Milford has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Lower Milford
- The Sales Tax Rate for Lower Milford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lower Milford 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 Lower Milford
- The average income of a Lower Milford resident is $33,984 a year. The US average is $28,555 a year.
- The Median household income of a Lower Milford resident is $108,060 a year. The US average is $69,021 a year.