South Renovo, PA is a small, quaint town located in north-central Pennsylvania. It is home to approximately 2,000 people and boasts a low cost of living. On average, rent for a two bedroom apartment in South Renovo costs $700 a month, compared to the national average of $1,430. Additionally, the Grocery Cost Index in South Renovo is 95 out of 100 on the national scale. Local businesses in the area include Schumacher's Market, Pardoe's Hardware Store, Thelma's Cafe & Bakery and Heritage Title Company. All of these establishments contribute to South Renovo’s unique character and charm.
South Renovo has an unemployment rate of 7.8%. The US average is 6.0%.
South Renovo has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for South Renovo
- The Sales Tax Rate for South Renovo is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Renovo is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for South Renovo
- The average income of a South Renovo resident is $25,092 a year. The US average is $37,638 a year.
- The Median household income of a South Renovo resident is $45,000 a year. The US average is $69,021 a year.