Palmdale, PA is a small town located in Lancaster County with a population of around 2,000. It is home to various local businesses such as Palmdale Auto Group, Palmdale Tire Shop, and Valley Tourism Bureau. The cost of living in Palmdale is favorable compared to the US average. For example, the rent for a two bedroom apartment is $1,310 which is significantly lower than the US rate of $1,430. Additionally, the Grocery Cost Index for Palmdale is 106 versus 100 in the US which further reduces the overall cost of living for residents.
Palmdale has an unemployment rate of 7.2%. The US average is 6.0%.
Palmdale has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Palmdale
- The Sales Tax Rate for Palmdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmdale 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 Palmdale
- The average income of a Palmdale resident is $24,671 a year. The US average is $28,555 a year.
- The Median household income of a Palmdale resident is $48,125 a year. The US average is $69,021 a year.