Bucks County, Pennsylvania is a great place to call home due to its affordability, low cost of living, and close proximity to major cities. The 2 bedroom rent in Bucks County is $1,470 per month which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Bucks County is 108 versus 100 in the US. Notable local companies include Accolades Technology Corporation in Newtown, TMI Environmental Solutions in Warminster, Rothman Institute Orthopedics in Langhorne, and Barnabas Health Care System in Bensalem.
Bucks County has an unemployment rate of 6.1%. The US average is 6.0%.
Bucks County has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Bucks County
- The Sales Tax Rate for Bucks County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bucks County is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bucks County
- The average income of a Bucks County resident is $50,315 a year. The US average is $37,638 a year.
- The Median household income of a Bucks County resident is $99,302 a year. The US average is $69,021 a year.