Erie, PA is a great place to live and offers affordable housing. The average cost for a two bedroom rental is $950, well below the national average of $1,430. In addition to affordable housing, the grocery cost index in Erie is only 94 compared to 100 in the US. This makes Erie an attractive choice for families looking to save on living expenses. There are many great local businesses in Erie that residents can enjoy. Popular employers include GE Transportation, UPMC Hamot, Saint Vincent Hospital, and Lord Corporation. Other major local companies include Diversified Industrial Products Inc., National Fuel Gas Company, and Conneaut Lake Park. With its low cost of living and myriad of businesses to choose from, it's no wonder why so many people choose to call Erie home.
Erie has an unemployment rate of 10.7%. The US average is 6.0%.
Erie has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.
Tax Rates for Erie
- The Sales Tax Rate for Erie is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Erie is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Erie
- The average income of a Erie resident is $18,877 a year. The US average is $28,555 a year.
- The Median household income of a Erie resident is $40,201 a year. The US average is $69,021 a year.