New Britain, PA Economy


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New Britain Borough, PA is a great place to live with many local amenities. It is home to businesses like Parkview Pharmacy, Hamilton's Lumber & Building Materials, and Geno's Pizza & Cheesesteaks. The rent for a two bedroom in the borough is $1,810 which is $380 higher than the average two bedroom rent across the US at $1,430. Additionally, there is a grocery cost index of 110 in New Britain Borough versus 100 in the US. This makes it an ideal place for those looking for convenience, affordability and comfort all within reach.

New Britain has an unemployment rate of 6.1%. The US average is 6.0%.

New Britain 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 New Britain
- The Sales Tax Rate for New Britain is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Britain 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 New Britain
- The average income of a New Britain resident is $27,358 a year. The US average is $28,555 a year.
- The Median household income of a New Britain resident is $105,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Britain, PennsylvaniaUnited States
  6.16
  -6.3%-6.2%
  28.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $37,603$37,638
  $105,625$69,021
  $130,875$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  4.4%6.8%
  6.1%10.0%
  3.2%2.5%
  7.2%11.0%
  2.9%4.8%
  0.0%0.8%
  4.2%1.9%
  4.4%4.7%
  0.9%1.9%
  9.3%7.6%
  1.6%0.1%
  3.3%4.2%
  16.9%9.3%
  14.3%14.0%
  2.4%2.1%
  11.0%7.0%
  5.5%4.8%
  2.3%4.7%
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