Richboro, PA Economy


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Richboro, PA is a small town located in Bucks County with close proximity to Philadelphia. It is home to several noteworthy companies such as Richboro Pharmacy and Davepharm Inc. This area is known for its low crime rate, pleasant weather, good schools, and friendly community. The rental cost for two bedroom apartments in Richboro comes in at $1,890 while the US average is around $1,430. Furthermore, the Grocery Cost Index for Richboro is 111 versus 100 nationally. All-in-all Richboro provides an excellent quality of life within a reasonable budget when compared to the rest of United States.

Richboro has an unemployment rate of 6.1%. The US average is 6.0%.

Richboro has seen the job market increase by 0.4% 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 Richboro
- The Sales Tax Rate for Richboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richboro 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 Richboro
- The average income of a Richboro resident is $47,104 a year. The US average is $28,555 a year.
- The Median household income of a Richboro resident is $135,791 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichboro, PennsylvaniaUnited States
  6.16
  -6.3%-6.2%
  28.4%33.5%
  6.0%6.2%
  3.1%4.6%
  $64,743$37,638
  $135,791$69,021
  $136,678$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.2%6.8%
  8.5%10.0%
  5.6%2.5%
  8.5%11.0%
  2.1%4.8%
  0.4%0.8%
  1.3%1.9%
  7.6%4.7%
  0.4%1.9%
  12.6%7.6%
  0.9%0.1%
  1.7%4.2%
  10.4%9.3%
  23.5%14.0%
  1.6%2.1%
  2.9%7.0%
  3.5%4.8%
  3.2%4.7%
Reviews for Richboro
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first of all, the real estate is beautiful. plenty of Mediterranean style homes. it's expensive, but you get what you pay for, which is the most affluent suburb in lower  More

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Over 17 years ago

Houses are very expensive. When I moved here in 2006 from WV, I got a smaller house for almost three times the prices. Property taxes tripled as well. However, the  More

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