Topton, Pennsylvania is a small borough located in Berks County with a population of 1,562. The median 2 bedroom rent is $1,060 per month which is significantly lower than the national average of $1,430. Grocery Cost Index is also much lower in Topton than the US average at 102 versus 100.
The local economy consists of several small businesses such as Topton Star Bakery & Deli, Krick’s Corner Store, The Farmhouse Restaurant & Bar, Topton Florist and Garden Center and Tickle Me Pink Balloon Boutique. Many residents are employed by nearby companies such as Reading Hospital Tower Health and Boscov’s department store. The area also provides ample recreational opportunities thanks to their nearby parks and walking trails.
Topton (zip 19562) has an unemployment rate of 7.6%. The US average is 6.0%.
Topton (zip 19562) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for Topton (zip 19562)
- The Sales Tax Rate for Topton (zip 19562) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Topton (zip 19562) 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 Topton (zip 19562)
- The average income of a Topton (zip 19562) resident is $30,385 a year. The US average is $28,555 a year.
- The Median household income of a Topton (zip 19562) resident is $62,128 a year. The US average is $69,021 a year.