Quakertown, PA is a charming suburban community located in Bucks County. The cost of living here is lower than the national average with an average two bedroom rent sitting at $1,420 compared to the US average of $1,430. This makes it an attractive destination for individuals looking for affordable housing. Additionally, Quakertown has a grocery cost index of 106 versus 100 in the US, making it an even more desirable location. There are many local companies that call Quakertown home such as B&B Cycle & Fitness, A&M Plumbing and Fire Protection Inc., and Souderton Motors Corporation. All of these businesses contribute to the thriving economy and culture in Quakertown.
Quakertown has an unemployment rate of 6.1%. The US average is 6.0%.
Quakertown has seen the job market decrease by -6.3% 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 Quakertown
- The Sales Tax Rate for Quakertown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Quakertown is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Quakertown
- The average income of a Quakertown resident is $32,647 a year. The US average is $37,638 a year.
- The Median household income of a Quakertown resident is $70,610 a year. The US average is $69,021 a year.