Springfield township (Mercer County), PA Economy


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Springfield township (Mercer Cnty), PA is a great place to live for many reasons. The rent for a two-bedroom apartment is lower than the national average, making it more affordable than most places. The grocery cost index is also comparable to the national average, so residents don't have to worry about overpaying for everyday items. Additionally, there are plenty of local businesses and companies in Springfield township that contribute to the community. Some of these include Wiles Pharmacy, Springfield Veterinary Clinic, Al Shabaab Grocery & Deli, Mercer County Auto Repair, and Springfield Township Senior Center. These businesses provide residents with convenient resources while also helping to create jobs and stimulate economic growth in the area.

Springfield township (Mercer County) has an unemployment rate of 8.4%. The US average is 6.0%.

Springfield township (Mercer County) has seen the job market decrease by -6.9% 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 Springfield township (Mercer County)
- The Sales Tax Rate for Springfield township (Mercer County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield township (Mercer 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 Springfield township (Mercer County)
- The average income of a Springfield township (Mercer County) resident is $29,762 a year. The US average is $37,638 a year.
- The Median household income of a Springfield township (Mercer County) resident is $70,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield township (Mercer County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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