Vinco, PA is a small town located in the eastern United States. It is home to many local businesses, such as Vinco Grocery Store, Vinco Hardware Store, and the Vinco Cafe. The cost of living in this area is much lower than the U.S. average, as evidenced by the 2 bedroom rent of $840 compared to the national average of $1,430 and a grocery cost index of 97 versus 100 nationwide. These factors make it an attractive place to live for those looking for affordable housing or wanting to start their own business.
Vinco has an unemployment rate of 8.1%. The US average is 6.0%.
Vinco has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Vinco
- The Sales Tax Rate for Vinco is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vinco is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Vinco
- The average income of a Vinco resident is $32,867 a year. The US average is $37,638 a year.
- The Median household income of a Vinco resident is $72,016 a year. The US average is $69,021 a year.