Millbourne, PA Economy


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Millbourne, PA is a small suburban town located near Philadelphia. It is a popular destination for families due to its affordable housing and an overall lower cost of living when compared to the US average. The 2 bedroom rent in Millbourne is $1,240 while the US 2 bedroom rent is $1,430. This makes Millbourne an attractive option for those looking for more affordable housing. Additionally, the Grocery Cost Index in Millbourne is 100 versus 100 in the US; this demonstrates that groceries are just as accessible with no significant mark up.
Millbourne is home to many businesses including grocery stores like Acme Market and Rite Aid Pharmacy; restaurants such as Papa John's Pizza and Ruby Tuesday; and other shops like the Mallard Green Gift Shop and The Good Store Vintage & More. There are also several community events throughout the year such as a farmers market every Saturday from June-October, a summer concert series held at Piffle Park every Friday night from June-August, and an annual Halloween Spooktacular that takes place on Main Street each October.

Millbourne has an unemployment rate of 7.1%. The US average is 6.0%.

Millbourne has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Millbourne
- The Sales Tax Rate for Millbourne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millbourne 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 Millbourne
- The average income of a Millbourne resident is $23,294 a year. The US average is $37,638 a year.
- The Median household income of a Millbourne resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillbourne, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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