Reamstown, Pennsylvania is a small town located in Lancaster County. The town features an affordable cost of living due to the low 2 bedroom rent which is $1,030 compared to the US average of $1,430. Additionally, the local grocery cost index in Reamstown is 104 versus 100 in the US. Reamstown has many businesses and amenities to offer locals including banks, a post office, several restaurants such as The Red Caboose Family Restaurant, schools and churches. Residents also have access to shopping centers like Reams Village Shopping Center or outdoor recreational activities at nearby Chiques Creek Park. There are also great roads for biking and hiking in the area making it a great place for outdoor enthusiasts.
Reamstown has an unemployment rate of 5.6%. The US average is 6.0%.
Reamstown 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 Reamstown
- The Sales Tax Rate for Reamstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reamstown 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 Reamstown
- The average income of a Reamstown resident is $25,185 a year. The US average is $28,555 a year.
- The Median household income of a Reamstown resident is $71,540 a year. The US average is $69,021 a year.