Palmyra township (Pike County), PA is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in Palmyra township is $1,390, which is much lower than the US average at $1,430. This lower housing cost combined with a Grocery Cost Index of 104 compared to 100 in the US makes Palmyra township an attractive option for those looking to save on day-to-day costs without sacrificing quality. Living in Palmyra Township doesn’t mean sacrificing amenities either – many local businesses call this area home, such as Crossroads Bank and Froelich Insurance Agency plus there are plenty of hiking trails and parks nearby to explore. With its low rent prices and close proximity to nature, Palmyra Township has something for everyone!
Palmyra township (Pike County) has an unemployment rate of 8.4%. The US average is 6.0%.
Palmyra township (Pike County) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Palmyra township (Pike County)
- The Sales Tax Rate for Palmyra township (Pike County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmyra township (Pike County) 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 Palmyra township (Pike County)
- The average income of a Palmyra township (Pike County) resident is $28,382 a year. The US average is $28,555 a year.
- The Median household income of a Palmyra township (Pike County) resident is $59,236 a year. The US average is $69,021 a year.