Upper Salford, PA Economy


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Upper Salford, PA is a town located in Montgomery County. It is a vibrant area with numerous local businesses such as the Upper Salford Shopping Center and the Upper Salford Farmers Market. Residents of this town have access to a variety of services, including two bedroom rentals for $1,710 per month. This rental rate is $280 more than the US average of $1,430. The grocery cost index in Upper Salford is also high at 108 versus 100 in the US. Therefore those living in this area can expect to pay a bit more for groceries than other parts of the country.

Upper Salford has an unemployment rate of 5.6%. The US average is 6.0%.

Upper Salford 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 Salford
- The Sales Tax Rate for Upper Salford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Upper Salford 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 Salford
- The average income of a Upper Salford resident is $33,629 a year. The US average is $28,555 a year.
- The Median household income of a Upper Salford resident is $103,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUpper Salford, PennsylvaniaUnited States
  5.66
  -6.4%-6.2%
  29.8%33.5%
  6.0%6.2%
  4.1%4.6%
  $51,164$37,638
  $103,950$69,021
  $105,781$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  13.5%6.8%
  11.6%10.0%
  4.0%2.5%
  9.3%11.0%
  2.4%4.8%
  0.3%0.8%
  1.6%1.9%
  1.7%4.7%
  3.6%1.9%
  9.7%7.6%
  0.0%0.1%
  3.1%4.2%
  8.0%9.3%
  16.3%14.0%
  0.5%2.1%
  4.2%7.0%
  4.5%4.8%
  4.2%4.7%
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