Penn township (Berks Cnty), PA is a great place to live for those looking for affordability. The 2 bedroom rent in Penn township is $1,010 which is much lower than the national average of $1,430. Additionally, groceries in this township are 5% cheaper than the US overall as indicated by the Grocery Cost Index of 105 versus 100. These lower prices make Penn township an attractive place to call home. Local businesses here include Keystone Fireworks, Lukoil Convenience Store, and Country Oaks Veterinary Clinic, among others.
Penn township (Berks County) has an unemployment rate of 7.6%. The US average is 6.0%.
Penn township (Berks County) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Penn township (Berks County)
- The Sales Tax Rate for Penn township (Berks County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penn township (Berks County) 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 township (Berks County)
- The average income of a Penn township (Berks County) resident is $29,368 a year. The US average is $28,555 a year.
- The Median household income of a Penn township (Berks County) resident is $87,031 a year. The US average is $69,021 a year.