Lower Nazareth, PA is a town in Northampton County located just off Highway 33. The town has a population of approximately 4,900 and offers plenty of activities for locals and tourists alike. The average 2 bedroom rent in Lower Nazareth is slightly higher than the national average at $1,470 per month. Additionally, the grocery cost index is 5 points higher than the US average, further demonstrating the local economic activity.
The town's economy is largely supported by small businesses such as Wooden Mallet Inc., which specializes in handcrafted furniture; Nazareth Carpet Mills Inc., a custom oriental rug maker; Aardvark Woodshop LLC., a family owned business featuring custom wood products; and Broughal Middle School Supplies Inc., which provides educational materials to dozens of schools throughout Pennsylvania. These businesses contribute to the overall economic stability of Lower Nazareth and provide employment opportunities for the citizens of Northampton County.
Lower Nazareth has an unemployment rate of 6.8%. The US average is 6.0%.
Lower Nazareth 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Lower Nazareth
- The Sales Tax Rate for Lower Nazareth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lower Nazareth is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lower Nazareth
- The average income of a Lower Nazareth resident is $40,564 a year. The US average is $28,555 a year.
- The Median household income of a Lower Nazareth resident is $120,531 a year. The US average is $69,021 a year.