New Wilmington, PA Economy


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New Wilmington, PA is a small town located in Pennsylvania with numerous local businesses. It has a population of just over 2,500 people. The cost of living in New Wilmington is quite reasonable, as rent for a two bedroom apartment would typically be around $850 per month. This is significantly less than the US average of $1,430.\" Grocery costs are also below the national average, which makes it an excellent choice for those looking to save money while still having access to a variety of amenities. Several local companies in the area include Sargent's Auto Repair and The Cornerstone Cafe. These businesses provide excellent services at affordable prices, making it easy for local residents to live comfortably on their budget.

New Wilmington has an unemployment rate of 9.3%. The US average is 6.0%.

New Wilmington has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for New Wilmington
- The Sales Tax Rate for New Wilmington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Wilmington 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 Wilmington
- The average income of a New Wilmington resident is $24,202 a year. The US average is $37,638 a year.
- The Median household income of a New Wilmington resident is $68,611 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Wilmington, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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