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 increase by 0.3% 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 $14,344 a year. The US average is $28,555 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
  7.16
  -6.9%-6.2%
  27.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $23,294$37,638
  $51,250$69,021
  $63,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.8%6.8%
  8.7%10.0%
  4.1%2.5%
  20.7%11.0%
  7.0%4.8%
  1.1%0.8%
  1.6%1.9%
  3.0%4.7%
  0.0%1.9%
  5.0%7.6%
  0.0%0.1%
  8.4%4.2%
  4.6%9.3%
  6.4%14.0%
  0.5%2.1%
  19.3%7.0%
  0.5%4.8%
  1.2%4.7%
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