Spring township (Berks County), PA Economy


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Spring township (Berks Cnty), PA is a vibrant community with many amenities. It has an average rent of $1,470 for 2 bedroom homes, which is a bit higher than the US average at $1,430. Additionally, the local Grocery Cost Index is 104 versus 100 in the US. There are many great local businesses in Spring Township, including Berks Meat Market, Reading Scale Company, and Real Taste of India Restaurant & Bar. All three of these establishments have long been serving their communities with quality products and services. In addition to these companies, there are plenty of other stores in the area such as Bankson's Home Center and King's Coffee Shop. With all these options and more available to residents and visitors, Spring Township (Berks Cnty), PA remains a wonderful place to live and work.

Spring township (Berks County) has an unemployment rate of 5.9%. The US average is 6.0%.

Spring township (Berks County) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Spring township (Berks County)
- The Sales Tax Rate for Spring township (Berks County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spring township (Berks County) 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 Spring township (Berks County)
- The average income of a Spring township (Berks County) resident is $40,835 a year. The US average is $37,638 a year.
- The Median household income of a Spring township (Berks County) resident is $85,257 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring township (Berks County), PennsylvaniaUnited States
  5.96
  -7.2%-6.2%
  26.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $40,835$37,638
  $85,257$69,021
  $98,769$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  4.1%6.8%
  15.3%10.0%
  2.3%2.5%
  10.5%11.0%
  5.3%4.8%
  1.0%0.8%
  1.1%1.9%
  4.8%4.7%
  1.9%1.9%
  6.2%7.6%
  0.1%0.1%
  2.6%4.2%
  8.5%9.3%
  21.3%14.0%
  1.8%2.1%
  5.5%7.0%
  3.4%4.8%
  3.6%4.7%
Reviews for Spring township (Berks County)
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Wilson School District is one of the best in berks county You will probably do 75% of your shopping in wyomissing which is a suburb closer to reading city. Wyomissing  More

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Over 10 years ago

School district is great and shopping is  More

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