Towanda, PA, is a small city located in Bradford County with a population of only 1,848. It is an affordable place to live, as the average rent for a two-bedroom apartment is $860 which is much lower than the national rate of $1,430. Additionally, grocery costs here are actually slightly cheaper than they are on average in the U.S., with an index of 101 compared to 100. In Towanda there are many great local business that offer a variety of services and goods such as D&E Auto Repair & Towing Service which provides auto repair and towing; Ann's Fashions which offers clothing and accessories; and S&S Grocery which offers fresh produce and other groceries.
Towanda (zip 18848) has an unemployment rate of 6.4%. The US average is 6.0%.
Towanda (zip 18848) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Towanda (zip 18848)
- The Sales Tax Rate for Towanda (zip 18848) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Towanda (zip 18848) 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 Towanda (zip 18848)
- The average income of a Towanda (zip 18848) resident is $26,858 a year. The US average is $28,555 a year.
- The Median household income of a Towanda (zip 18848) resident is $47,766 a year. The US average is $69,021 a year.