Penryn, PA is a borough located in Lancaster County with a population of 1,837 residents. The 2-bedroom rent in Penryn is $1,310 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Penryn is 104 compared to the national average of 100. Penryn features several local businesses such as Penny Theatre Company, Barley Snyder LLP Law Firm and Kountry Kraft Inc. The borough also offers an array of recreational activities for its citizens and visitors alike including biking trails along the Conestoga River and walking paths that meander through the surrounding countryside. Furthermore, there are numerous restaurants and shops nearby where one can find fresh produce and locally made goods. All these make Penryn a great place to live or visit!
Penryn has an unemployment rate of 5.6%. The US average is 6.0%.
Penryn has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Penryn
- The Sales Tax Rate for Penryn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penryn 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 Penryn
- The average income of a Penryn resident is $29,887 a year. The US average is $28,555 a year.
- The Median household income of a Penryn resident is $56,646 a year. The US average is $69,021 a year.