Radnor, PA is a great place to live with many local amenities nearby. One of the top employers in the area is Vanguard Group Inc., which employs many professionals in finance and technology. Home to numerous educational institutions, there are also plenty of opportunities for higher education. With two bedroom rent averaging around $2,040, Radnor has a slightly higher cost of living than the national average. Grocery cost index in Radnor is 115 versus 100 nationally, making it an affordable place to live for most people. Overall, Radnor is a great place to consider if you're looking for a stable job market and affordable housing options.
Radnor has an unemployment rate of 4.0%. The US average is 6.0%.
Radnor has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Radnor
- The Sales Tax Rate for Radnor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Radnor 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 Radnor
- The average income of a Radnor resident is $50,203 a year. The US average is $28,555 a year.
- The Median household income of a Radnor resident is $139,076 a year. The US average is $69,021 a year.