Milford Square, PA is located in Bucks County and has an interesting mix of local businesses. The town offers a unique selection of restaurants, shops, and entertainment venues. With a Grocery Cost Index of 107 compared to the US average of 100, the cost of living in Milford Square is slightly higher than the US average. Some local companies in Milford Square include Toilet Paper Plus, a hygiene supplies store; Allure Boutique Salon & Spa; and A Taste Of Jamaica Restaurant. As for rent, a 2 bedroom apartment will cost around $1,430 per month in Milford Square. Overall, there are plenty of amenities that make Milford Square an attractive place to live with an above-average cost of living.
Milford Square has an unemployment rate of 6.1%. The US average is 6.0%.
Milford Square has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Milford Square
- The Sales Tax Rate for Milford Square is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milford Square is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milford Square
- The average income of a Milford Square resident is $45,339 a year. The US average is $28,555 a year.
- The Median household income of a Milford Square resident is $180,524 a year. The US average is $69,021 a year.