Reed, PA is an affordable small town located in the Lehigh Valley region of Pennsylvania. It offers residents a peaceful atmosphere with plenty of local amenities to explore. The median income for Reed is around $67,000, which is slightly higher than Pennsylvania’s median income of $60,000. In addition to affordable 2 bedroom rents of $990 per month, living expenses like grocery prices are also competitive in Reed with an index of 103 compared to the US average index of 100.
The town of Reed is home to many great businesses such as Wildfire Cyclery and Ozzie’s Diner, offering fresh-made cuisine. For those looking for outdoor fun, there are several parks within the area that offer exciting activities like hiking and camping. With all these activities at hand, Reed provides a perfect balance between city life and nature's beauty.
Reed has an unemployment rate of 7.2%. The US average is 6.0%.
Reed 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 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Reed
- The Sales Tax Rate for Reed is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reed is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Reed
- The average income of a Reed resident is $28,098 a year. The US average is $28,555 a year.
- The Median household income of a Reed resident is $69,375 a year. The US average is $69,021 a year.