Springboro, PA Economy


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Springboro, PA is a picturesque town in Bucks County with a close-knit community and plenty of amenities. The cost of living is relatively low compared to the US average, as evidenced by the 2-bedroom rent being $830 compared to $1,430 in the US. Groceries are also cheaper, with a grocery cost index of 95 versus 100 in the US. There are plenty of local companies to explore such as Springboro Pharmacy, Springboro Family Dentist, and Springboro Container Corporation. Visitors can also explore boutiques such as Lola's Boutique or grab a bite to eat at Taste of India Restaurant. Springboro has something for everyone and is a great place to live and visit!

Springboro has an unemployment rate of 7.9%. The US average is 6.0%.

Springboro has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Springboro
- The Sales Tax Rate for Springboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springboro 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 Springboro
- The average income of a Springboro resident is $20,827 a year. The US average is $28,555 a year.
- The Median household income of a Springboro resident is $46,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringboro, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $25,687$37,638
  $46,000$69,021
  $67,813$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.1%6.8%
  41.4%10.0%
  0.0%2.5%
  8.1%11.0%
  4.3%4.8%
  0.0%0.8%
  3.2%1.9%
  1.6%4.7%
  1.1%1.9%
  5.4%7.6%
  0.0%0.1%
  3.2%4.2%
  5.9%9.3%
  15.1%14.0%
  2.7%2.1%
  3.8%7.0%
  1.1%4.8%
  2.2%4.7%
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