New Market, PA is a small town located in Pennsylvania. It is known for its natural beauty, serene atmosphere, and affordability. The average cost of two-bedroom rent in New Market is $1,050 which is much lower than the national average of $1,430. This makes it an ideal place to live for those on a budget looking for a peaceful atmosphere. Other cost index such as grocery stores are also cheaper here than most other places with an index of 103 compared to the US’s 100.
Some local companies in New Market include All Star Automotive Inc., Grandstand Sports Bar & Grill, and Shippenville Flea Market & Auction. All Star Automotive provides services such as oil changes and car repairs while Grandstand Sports Bar & Grill offers delicious meals and drinks as well as entertainment. Lastly, Shippenville Flea Market & Auction offers locals and visitors alike the chance to shop around for great deals on merchandise from vendors from all over the United States.
New Market has an unemployment rate of 6.0%. The US average is 6.0%.
New Market has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for New Market
- The Sales Tax Rate for New Market is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Market is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Market
- The average income of a New Market resident is $34,350 a year. The US average is $28,555 a year.
- The Median household income of a New Market resident is $37,740 a year. The US average is $69,021 a year.