Luzerne borough, PA is a small town located in the Northeastern part of the state. It's a great place for people looking for affordable living costs with 2 bedroom rent costing about $800 compared to the US average of $1,430. Groceries are also relatively cheaper in Luzerne borough with an index rating of 96 versus 100 in the US. The town has numerous companies such as Penn Guardian Insurance Co, Advanced Computer Solutions Inc., Jack Williams Tire & Auto Service Centers, and D&L Industrial Supply Co that provide services to both locals and visitors. With its beautiful surroundings and low cost of living it's no wonder Luzerne borough has seen a steady population growth over the past few years.
Luzerne has an unemployment rate of 9.6%. The US average is 6.0%.
Luzerne has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Luzerne
- The Sales Tax Rate for Luzerne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Luzerne 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 Luzerne
- The average income of a Luzerne resident is $21,292 a year. The US average is $28,555 a year.
- The Median household income of a Luzerne resident is $40,674 a year. The US average is $69,021 a year.