Springboro, PA is a small town located in Mercer County. It has a population of only 16435 making it an ideal place for those looking to escape the hustle and bustle of larger cities. The average cost of rent for a two bedroom apartment in Springboro is $840, which is significantly lower than the national average of $1430. Grocery Cost Index in Springboro is 95 compared to the US average of 100.
The area surrounding Springboro has plenty to offer its residents. Some notable local companies include Ideal Plastics, Inc., CoreTech Manufacturing Solutions, and Steris Corporation. There are also plenty of amenities available, such as Mercer County Park which offers over 400 acres of outdoor recreational activities including fishing, hiking trails, playgrounds, and more. Additionally, Shenango Valley Mall is close by offering a variety shopping options as well as several popular restaurants like Olive Garden and Buffalo Wild Wings.
Springboro (zip 16435) has an unemployment rate of 7.9%. The US average is 6.0%.
Springboro (zip 16435) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.
Tax Rates for Springboro (zip 16435)
- The Sales Tax Rate for Springboro (zip 16435) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springboro (zip 16435) 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 Springboro (zip 16435)
- The average income of a Springboro (zip 16435) resident is $24,786 a year. The US average is $37,638 a year.
- The Median household income of a Springboro (zip 16435) resident is $55,000 a year. The US average is $69,021 a year.