Wellsboro, PA is a small borough located in north-central Pennsylvania. The town center is surrounded by beautiful rolling hills and forests, making it an ideal spot to raise a family or retire peacefully. The cost of living in Wellsboro is lower than the US average which makes it more affordable for individuals and families. Rent prices for two bedroom apartments are around $890, much lower than the national average at $1,430. Additionally, grocery costs are relatively low with an index of 102 compared to the US index of 100.
Wellsboro is home to several local businesses such as JK’s Restaurant & Pub, Butler's Handcrafted Ice Cream & Coffee Shop, and Meadow Lane Antiques. Each business offers visitors unique experiences while supporting the economy of Wellsboro. With its natural beauty and low cost of living, Wellsboro has earned its reputation as an attractive place to live and visit.
Wellsboro has an unemployment rate of 7.9%. The US average is 6.0%.
Wellsboro has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 13.5%, which is lower than the US average of 33.5%.
Tax Rates for Wellsboro
- The Sales Tax Rate for Wellsboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wellsboro is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wellsboro
- The average income of a Wellsboro resident is $28,894 a year. The US average is $28,555 a year.
- The Median household income of a Wellsboro resident is $51,099 a year. The US average is $69,021 a year.