Wilmot, PA is a small town located in northern Pennsylvania. It is home to many local businesses that contribute to the area's economy. Wilmot has a 2 bedroom rent of $900, cheaper than the US average of $1,430. The grocery cost index in Wilmot is also lower than the US average at 103 versus 100. Some notable companies in Wilmot include Wilmot Paint & Hardware Company and Wilmot Food Mart. The Paint & Hardware Company provides quality paint supplies and hardware for residents and businesses while the Food Mart provides fresh produce, groceries and other food items for easy accessibility. Both provide valuable services to the local community by giving them access to necessary products at affordable prices.
Wilmot has an unemployment rate of 6.4%. The US average is 6.0%.
Wilmot 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 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Wilmot
- The Sales Tax Rate for Wilmot is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmot is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wilmot
- The average income of a Wilmot resident is $24,355 a year. The US average is $28,555 a year.
- The Median household income of a Wilmot resident is $69,327 a year. The US average is $69,021 a year.