19425 Chester Springs, PA is a great place to live due to its affordability. The average 2 bedroom rent in the area is $2,240, which is significantly lower than the US average of $1,430. Furthermore, the cost of groceries in 19425 Chester Springs is 112 on the Grocery Cost Index – an index of 100 being equal to the US average. This makes it a much more affordable option than other regions. There are several local companies that contribute to the community including Iron Valley Real Estate of Chester Springs, PA; Precision Electric LLC; and Unruh Insurance Agency Inc. Each company plays an important role in providing quality services to the community and increasing economic progress in 19425 Chester Springs.
Chester Springs (zip 19425) has an unemployment rate of 4.7%. The US average is 6.0%.
Chester Springs (zip 19425) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Chester Springs (zip 19425)
- The Sales Tax Rate for Chester Springs (zip 19425) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chester Springs (zip 19425) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chester Springs (zip 19425)
- The average income of a Chester Springs (zip 19425) resident is $57,278 a year. The US average is $28,555 a year.
- The Median household income of a Chester Springs (zip 19425) resident is $190,089 a year. The US average is $69,021 a year.