Penndel, Pennsylvania is a great place to call home. The average two-bedroom rent in Penndel is $1,780, which is slightly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Penndel is 109 versus 100 nationally. With a strong local economy and plenty of amenities to enjoy, Penndel has something for everyone. Businesses like Walmart, Giant Foods and Wegmans have stores here, providing plenty of shopping options for residents. The cost of living in Penndel is slightly higher than the national average but with all that it offers, it’s worth every penny!
Penndel has an unemployment rate of 6.1%. The US average is 6.0%.
Penndel has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Penndel
- The Sales Tax Rate for Penndel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penndel 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 Penndel
- The average income of a Penndel resident is $22,211 a year. The US average is $28,555 a year.
- The Median household income of a Penndel resident is $65,323 a year. The US average is $69,021 a year.