Upper Gwynedd, PA is a suburban neighborhood located in Montgomery County. It has a variety of amenities, including shopping centers and restaurants. The average cost of rent for two bedroom units in Upper Gwynedd is $1,640 which is slightly higher than the national average cost of $1,430. The grocery cost index in Upper Gwynedd is also higher than the rest of the US at 108 versus 100. Local companies based in Upper Gwynedd include Automatic Data Processing (ADP), Heritage Valley Health System, and Wacom Technology Corporation.
Upper Gwynedd has an unemployment rate of 5.6%. The US average is 6.0%.
Upper Gwynedd has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Upper Gwynedd
- The Sales Tax Rate for Upper Gwynedd is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Upper Gwynedd 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 Upper Gwynedd
- The average income of a Upper Gwynedd resident is $44,499 a year. The US average is $28,555 a year.
- The Median household income of a Upper Gwynedd resident is $101,942 a year. The US average is $69,021 a year.