Penn Lake Park, PA is a small town located in Pennsylvania. It is known for its scenic beauty and peaceful atmosphere, making it an attractive place to live. The affordability of the housing market and low cost of living make Penn Lake Park an ideal location for those looking for an affordable place to call home. The median 2 bedroom rent in Penn Lake Park is $1,160 compared to the national average of $1,430, making it much more budget-friendly than other areas. Additionally, the Grocery Cost Index in Penn Lake Park is 99 compared to 100 nationally which indicates that groceries are cheaper here too.
The affordability of Penn Lake Park is due in part to its local businesses such as Wawa convenience stores and Giant supermarkets. Some other local companies include Weis Markets, Sheetz and Rite Aid Pharmacies, all of which offer competitive prices on goods that help keep living expenses low for residents. Overall, Penn Lake Park has a lot to offer with its great community atmosphere and low costs of living which make it a desirable place to live at a fraction of the price!
Penn Lake Park has an unemployment rate of 9.6%. The US average is 6.0%.
Penn Lake Park has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Penn Lake Park
- The Sales Tax Rate for Penn Lake Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penn Lake Park is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Penn Lake Park
- The average income of a Penn Lake Park resident is $47,796 a year. The US average is $37,638 a year.
- The Median household income of a Penn Lake Park resident is $88,214 a year. The US average is $69,021 a year.