Rayburn, PA is a small town located in the state of Pennsylvania. It is home to many local businesses such as Rayburn Food Services, Rayburn Engineering, and Rayburn Financial Solutions. The cost of living in Rayburn is lower than that of other places because they have a lower rental rate for two bedrooms- $900 compared to the US average of $1,430- and their grocery cost index is 98 compared to 100 in the US. There are other factors that contribute to the lower cost of living such as property taxes and utility costs. This makes it an attractive option for those looking for an affordable place to live with quality amenities.
Rayburn has an unemployment rate of 8.5%. The US average is 6.0%.
Rayburn 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 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Rayburn
- The Sales Tax Rate for Rayburn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rayburn 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 Rayburn
- The average income of a Rayburn resident is $22,609 a year. The US average is $28,555 a year.
- The Median household income of a Rayburn resident is $52,935 a year. The US average is $69,021 a year.