Northwood, PA is a small town located in the northeast section of Pennsylvania. It offers residents a peaceful lifestyle with easy access to larger cities. Rent for 2 bedroom apartments in Northwood is lower than the US average, coming in at $1,180 compared to $1,430 across the country. Prices for everyday goods such as groceries are also lower than the national average, making it an attractive location for people who want to save money. Northwood has a variety of local companies and attractions that provide entertainment and employment opportunities. For example, there is The Northwood Creamery which is known for its delicious homemade ice cream and signature sundaes. In addition, Northwood also hosts several farmer's markets throughout the season where residents can buy fresh produce from local farmers. These are just some of the many reasons why Northwood makes an ideal home.
Northwood has an unemployment rate of 6.7%. The US average is 6.0%.
Northwood has seen the job market decrease by -0.2% 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 Northwood
- The Sales Tax Rate for Northwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Northwood 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 Northwood
- The average income of a Northwood resident is $21,325 a year. The US average is $28,555 a year.
- The Median household income of a Northwood resident is $65,893 a year. The US average is $69,021 a year.