Paoli, PA is a pleasant suburb located just outside of Philadelphia. With a high standard of living, it's no surprise that two bedroom rent in Paoli is about $1,910 per month, which is significantly higher than the national average of $1,430. The grocery cost index for the area is also higher than the U.S. average at 111 versus 100 respectively. As a result of its high standards of living, there are many local companies and attractions for residents to enjoy in Paoli. Some notable businesses include the Paoli Armory, the Nationwide Insurance office, as well as several local restaurants like Applebee's and Panera Bread. There are also plenty of attractions to explore such as Tyler Arboretum, Valley Forge Park and Chanticleer Garden, all within easy driving distance from Paoli.
Paoli has an unemployment rate of 4.7%. The US average is 6.0%.
Paoli 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 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Paoli
- The Sales Tax Rate for Paoli is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Paoli 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 Paoli
- The average income of a Paoli resident is $40,794 a year. The US average is $28,555 a year.
- The Median household income of a Paoli resident is $92,661 a year. The US average is $69,021 a year.