Worcester, PA is an attractive city located in Montgomery County with a convenient location close to the greater Philadelphia area. The cost of living in Worcester is slightly more expensive than the national average, but its two bedroom rent is still lower than the US average. Worcester also has a higher grocery cost index than the US average. Despite being relatively small, there are plenty of local companies and attractions to explore in Worcester including Brown Brothers Harness Company which produces custom-made harnesses for horses, Alba Vineyards which features tours, tastings and picnics on their beautiful grounds and R&R Cigars offering fine cigars and high quality smoking accessories. In addition to these companies, Worcester offers various outdoor activities such as fishing in nearby Skippack Creek or visiting Warwick Park with its playgrounds and picnic areas. There are also many shopping opportunities for residents of Worcester including a variety of retailers at Montgomery Square Shopping Center. All in all, Worcester is an ideal place to live for those who want access to Philadelphia while having the amenities of a small town nearby.
Worcester has an unemployment rate of 5.6%. The US average is 6.0%.
Worcester 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 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Worcester
- The Sales Tax Rate for Worcester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Worcester is 4.1%. The US average is 4.6%.
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Income and Salaries for Worcester
- The average income of a Worcester resident is $74,737 a year. The US average is $37,638 a year.
- The Median household income of a Worcester resident is $140,063 a year. The US average is $69,021 a year.