Spring Garden, PA Economy


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Spring Garden, PA is a popular suburb located near Philadelphia. The area is known for its vibrant business community, offering a range of services from local businesses. Its cost of living is relatively low compared to other cities around the US, with rent coming in at $1,080 for a two-bedroom apartment and groceries costing only 4% more than the national average. Local companies include Main Line Health Center which offers medical services, the well-known Spring Garden Antiques store, and LivModern Design Studio which specializes in furniture selection and home decorating. With its wide range of amenities and economical prices, Spring Garden is an ideal location for those looking for a peaceful yet exciting place to live.

Spring Garden has an unemployment rate of 6.0%. The US average is 6.0%.

Spring Garden has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Spring Garden
- The Sales Tax Rate for Spring Garden is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Garden 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 Garden
- The average income of a Spring Garden resident is $34,558 a year. The US average is $28,555 a year.
- The Median household income of a Spring Garden resident is $84,831 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring Garden, PennsylvaniaUnited States
  66
  -5.6%-6.2%
  27.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $41,011$37,638
  $84,831$69,021
  $97,151$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  4.7%6.8%
  15.0%10.0%
  1.2%2.5%
  8.6%11.0%
  4.8%4.8%
  0.7%0.8%
  1.3%1.9%
  3.3%4.7%
  1.1%1.9%
  8.6%7.6%
  0.2%0.1%
  2.3%4.2%
  12.4%9.3%
  13.7%14.0%
  3.1%2.1%
  9.4%7.0%
  5.6%4.8%
  3.3%4.7%
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