New Britain, PA is a small town located in Bucks County with a population of 5,810 according to the 2019 census. With its close proximity to Philadelphia and access to major highways like Interstate 95, New Britain is a desirable place for those looking for accessible amenities. The town offers a variety of shopping options such as Whole Foods Market, Target, Walmart Supercenter, and Wegmans for grocery shopping. Moreover, there is a diverse range of local businesses offering services such as medical care provided by Grand View Health Center and legal aid from Alpha Law Office.
Rent prices in New Britain are higher than the US average with a 2 bedroom apartment rental costing $1,860 compared to $1,430 nationally. Grocery cost index in the area is 109 versus 100 nationally which suggests that groceries are more expensive in New Britain than elsewhere. Despite having higher living costs due to its desirable location and access to amenities, New Britain remains an attractive option for people looking for convenience and efficient commute times.
New Britain township has an unemployment rate of 6.1%. The US average is 6.0%.
New Britain township 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 township
- The Sales Tax Rate for New Britain township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Britain township is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Britain township
- The average income of a New Britain township resident is $40,768 a year. The US average is $28,555 a year.
- The Median household income of a New Britain township resident is $115,704 a year. The US average is $69,021 a year.