Penn Forest, PA is a thriving town located in the Poconos region of Pennsylvania. It offers a variety of amenities for its residents, including excellent educational opportunities, diverse recreational activities, and many local businesses. For example, some of the larger companies in Penn Forest are The Second Mile Club, a non-profit community center that supports youth development; Blue Mountain Outfitters, an outdoor recreation company; and Montage Mountain Resorts, a ski resort that also offers year-round recreation. There are also plenty of smaller establishments and shops throughout the area offering everything from clothing to fine dining. In addition to these businesses, Penn Forest has an attractive cost of living; 2 Bedroom Rent averages $1,430 compared to the national average of $1,430 and the Grocery Cost Index is 102 against 100 nationally making it more affordable than other areas. All these factors make Penn Forest an ideal place for families looking to find an affordable yet exciting place to call home.
Penn Forest has an unemployment rate of 7.9%. The US average is 6.0%.
Penn Forest has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Penn Forest
- The Sales Tax Rate for Penn Forest is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penn Forest 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 Penn Forest
- The average income of a Penn Forest resident is $23,712 a year. The US average is $28,555 a year.
- The Median household income of a Penn Forest resident is $67,772 a year. The US average is $69,021 a year.