Wakefield, PA is a small town located in Northern Pennsylvania. It is home to several local businesses such as Wakefield Lumber, Wakefield Dairy, and Wakefield Hardware. The cost of living in the area is relatively low; for example, 2 bedroom rent in Wakefield is $1,420 whereas 2 bedroom rent across the US averages at $1,430. Moreover, the grocery cost index in Wakefield is 104 compared to 100 nationally. All in all, Wakefield offers an affordable yet comfortable way of life.
Wakefield has an unemployment rate of 5.6%. The US average is 6.0%.
Wakefield has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Wakefield
- The Sales Tax Rate for Wakefield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wakefield 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 Wakefield
- The average income of a Wakefield resident is $17,050 a year. The US average is $28,555 a year.
- The Median household income of a Wakefield resident is $70,500 a year. The US average is $69,021 a year.