New Albany, PA is a small town in Pennsylvania. It has affordable rent compared to the US average at only $890 for two bedrooms. The local grocery cost index is slightly higher than the national average, but still offers good value for money. The town is known for its natural beauty and is home to some popular companies such as New Albany Woodworking and Craftsman Stone Veneer. Additionally, it has many local businesses that offer a variety of services such as Caravelle Interiors, J&A Home Improvements, and Upper Cut Hair Studio. With its strong sense of community and low cost of living, New Albany makes an attractive place to live.
New Albany has an unemployment rate of 6.4%. The US average is 6.0%.
New Albany 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 13.1%, which is lower than the US average of 33.5%.
Tax Rates for New Albany
- The Sales Tax Rate for New Albany is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Albany is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Albany
- The average income of a New Albany resident is $17,411 a year. The US average is $28,555 a year.
- The Median household income of a New Albany resident is $49,375 a year. The US average is $69,021 a year.