Wyncote, Pennsylvania is an attractive borough situated in Montgomery County. It is home to a wide variety of businesses including The Wyncote Golf Club, the Primo Hoagies restaurant chain, and the Wyncote Athletic Club. The cost of living in this area is slightly higher than the national average with a two bedroom apartment renting for $1,800. Grocery costs are also bit more expensive than the US average at 107 on the Index versus 100 nationwide. Although living in Wyncote may be more costly than other areas, it offers a great combination of convenience and amenities that makes up for its price tag.
Wyncote has an unemployment rate of 5.6%. The US average is 6.0%.
Wyncote 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Wyncote
- The Sales Tax Rate for Wyncote is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wyncote 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 Wyncote
- The average income of a Wyncote resident is $41,673 a year. The US average is $28,555 a year.
- The Median household income of a Wyncote resident is $120,167 a year. The US average is $69,021 a year.