Salford, PA is an attractive town that offers a variety of amenities and activities. Not only is the rent for 2 bedroom apartments significantly lower than the national average ($1,270 compared to $1,430), but groceries are also cheaper; Salford has a grocery cost index of 106 compared to 100 in the US. The town is home to many local businesses like S&M Carpet Cleaners, Bricks & Mortar Furniture Store, and Memory Lane Antiques. These businesses provide residents with goods and services while adding life to the community.
Salford has an unemployment rate of 5.6%. The US average is 6.0%.
Salford 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Salford
- The Sales Tax Rate for Salford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Salford 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 Salford
- The average income of a Salford resident is $38,991 a year. The US average is $28,555 a year.
- The Median household income of a Salford resident is $107,419 a year. The US average is $69,021 a year.