Newry, PA is a small town located in the state of Pennsylvania with an estimated population of just under 4,000 people. It is a great place for families to live, as rent for 2-bedroom apartments is significantly lower than the national average at only $910 each month. Furthermore, grocery costs are even more affordable than in other parts of the country, with a grocery cost index rate of 101 versus the national average of 100. The town offers several local businesses that provide residents with necessary goods and services such as restaurants, convenience stores, gas stations and banks. In addition to these essential establishments, Newry also provides its citizens with many recreational activities such as golf courses and hiking trails. Despite being a small community, Newry offers all the amenities necessary for comfortable living.
Newry has an unemployment rate of 6.7%. The US average is 6.0%.
Newry has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Newry
- The Sales Tax Rate for Newry is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newry 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 Newry
- The average income of a Newry resident is $23,415 a year. The US average is $37,638 a year.
- The Median household income of a Newry resident is $35,179 a year. The US average is $69,021 a year.