Pennsbury Village, PA is a great location to call home. Situated near the city of Philadelphia, the small village has excellent recreational activities and a thriving economy. The cost of living in Pennsbury Village is slightly lower than the national average with 2 bedroom rentals costing $1,230 compared to $1,430 across the US. Grocery costs are also cheaper with an index score of 99 compared to 100 nationally. Local companies that boost Pennsbury Village’s economy include The Pennsbury Inn restaurant, Pennsbury Gardens landscaping business, and Mason Dixon electricians. All three businesses have been operating for many years and employ local residents who continue to contribute to the success of this vibrant community.
Pennsbury Village has an unemployment rate of 7.1%. The US average is 6.0%.
Pennsbury Village has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Pennsbury Village
- The Sales Tax Rate for Pennsbury Village is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pennsbury Village 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 Pennsbury Village
- The average income of a Pennsbury Village resident is $39,955 a year. The US average is $28,555 a year.
- The Median household income of a Pennsbury Village resident is $66,806 a year. The US average is $69,021 a year.