Hatboro, PA is a lovely town with great amenities and lots of local businesses. It has a cost of living index that is about 107% of the US average, making it slightly more expensive than other parts of the country. Specifically, rent for a two-bedroom apartment in Hatboro is about $1,540 per month. There are several companies located within the town including The World of Whirligigs, which specializes in outdoor decorations; Encore Clothing Boutique; and Banko Beverage Company which offers craft beer to enjoy. With so many local shops and businesses, Hatboro makes a great place to live for families or individuals looking for close proximity to shopping and recreation.
Hatboro (zip 19040) has an unemployment rate of 6.7%. The US average is 6.0%.
Hatboro (zip 19040) has seen the job market decrease by -6.4% 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 Hatboro (zip 19040)
- The Sales Tax Rate for Hatboro (zip 19040) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hatboro (zip 19040) 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 Hatboro (zip 19040)
- The average income of a Hatboro (zip 19040) resident is $43,367 a year. The US average is $37,638 a year.
- The Median household income of a Hatboro (zip 19040) resident is $96,105 a year. The US average is $69,021 a year.