New Salem borough, PA is a small community located in the state of Pennsylvania. It is known for its affordability, with 2 bedroom rent being just $1,310 compared to the national average of $1,430, making it an ideal place for those on a budget. There are also plenty of amenities available to residents in New Salem borough such as grocery stores like Weis Market and local restaurants such as Smith's Diner. There is also a great cost index when it comes to groceries which is 105 compared to 100 nationally. This means that you can get great value shopping here. Additionally, there are many parks and recreational opportunities available in the area such as Spa Creek Park and The Common Green where you can find sports facilities and outdoor activities.
New Salem has an unemployment rate of 6.0%. The US average is 6.0%.
New Salem 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 Salem
- The Sales Tax Rate for New Salem is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Salem 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 Salem
- The average income of a New Salem resident is $30,422 a year. The US average is $28,555 a year.
- The Median household income of a New Salem resident is $92,951 a year. The US average is $69,021 a year.