Woodbourne, PA Economy


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Woodbourne, PA is a small town in the North of the United States. It has a cozy population and is known for its excellent quality of life. It is a great place to raise a family as 2 bedroom rent prices are relatively cheaper than the US average at $1,780 compared to $1,430. The cost of living in Woodbourne is also very attractive with groceries being around 9% more expensive than other parts of the country.
The town boasts many exciting attractions such as its scenic hiking trails and historic sites like Stroud Mansion and Knoebels Amusement Resort. Additionally, there are several local businesses to check out such as the Woodbourne Library, New Holland Automotive Center, and J&J Electric Corporation.

Woodbourne has an unemployment rate of 6.1%. The US average is 6.0%.

Woodbourne 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 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Woodbourne
- The Sales Tax Rate for Woodbourne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodbourne 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 Woodbourne
- The average income of a Woodbourne resident is $54,746 a year. The US average is $28,555 a year.
- The Median household income of a Woodbourne resident is $131,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbourne, PennsylvaniaUnited States
  6.16
  -6.3%-6.2%
  28.4%33.5%
  6.0%6.2%
  3.1%4.6%
  $64,302$37,638
  $131,250$69,021
  $161,371$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  10.0%10.0%
  3.6%2.5%
  8.6%11.0%
  7.7%4.8%
  0.0%0.8%
  0.0%1.9%
  7.8%4.7%
  0.0%1.9%
  16.9%7.6%
  0.4%0.1%
  0.0%4.2%
  15.9%9.3%
  18.1%14.0%
  1.0%2.1%
  2.5%7.0%
  1.3%4.8%
  2.6%4.7%
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