Lebanon, PA Metro Area is a vibrant and growing city with a diverse range of businesses. Companies such as Cargill, Hershey Entertainment & Resorts, and Weis Markets are all located in the metro area. Residents benefit from the comparatively affordable cost of living; 2 bedroom rent in Lebanon is $1,090 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Lebanon is 103 compared to the US average of 100. This indicates that groceries are more affordable than many other parts of the country. With its thriving business community, residents have access to a wide variety of employers while enjoying an attractive cost of living.
Lebanon Metro Area has an unemployment rate of 6.3%. The US average is 6.0%.
Lebanon Metro Area has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon Metro Area
- The Sales Tax Rate for Lebanon Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lebanon Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lebanon Metro Area
- The average income of a Lebanon Metro Area resident is $32,226 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon Metro Area resident is $66,164 a year. The US average is $69,021 a year.