Union township (Berks County), PA Economy


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Union township (Berks Cnty), PA is a wonderful place to live. Located in Pennsylvania, this picturesque town offers its residents a peaceful atmosphere. With many local businesses like D&D Bistro and Union Grocery Store, residents have plenty of options for shopping and dining. The cost of living in Union township (Berks Cnty), PA is slightly lower than the US average. 2 bedroom rent costs $1,180 versus the US average of $1,430 and the grocery cost index is 105 compared to 100 in the US. This makes Union township (Berks Cnty), PA an attractive option for those looking to lower their overall costs of living without compromising on quality or convenience.

Union township (Berks County) has an unemployment rate of 7.6%. The US average is 6.0%.

Union township (Berks County) has seen the job market decrease by -7.2% 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 Union township (Berks County)
- The Sales Tax Rate for Union township (Berks County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Union township (Berks County) 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 Union township (Berks County)
- The average income of a Union township (Berks County) resident is $39,823 a year. The US average is $37,638 a year.
- The Median household income of a Union township (Berks County) resident is $101,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion township (Berks County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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