Riverside borough, PA is an affordable place to live compared to other parts of the United States. The average two bedroom rent in Riverside is $910 compared to the US average of $1,430. This makes it a great place for people looking for a bargain on rent. Additionally, the Grocery Cost Index in Riverside is 102 versus 100 in the US indicating that there are more affordable options with regards to groceries when compared with other areas of the US. Besides low rental costs and grocery prices, Riverside also has several local businesses that make up a vibrant economy. Some of these businesses include Big Daddy's Diner, Dave's Hardware Store, Gabe's Auto Parts, and Joyce's Cleaners. All together these businesses create an atmosphere that offers residents plenty of job opportunities as well as great services and amenities at very reasonable prices.
Riverside has an unemployment rate of 7.8%. The US average is 6.0%.
Riverside has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Riverside
- The Sales Tax Rate for Riverside is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riverside 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 Riverside
- The average income of a Riverside resident is $35,941 a year. The US average is $28,555 a year.
- The Median household income of a Riverside resident is $78,073 a year. The US average is $69,021 a year.