Homestead, PA is a small city located in Allegheny County of Pennsylvania. It has an estimated population of around 8,700 residents and a median home value of $84,800. The median 2 Bedroom rent is $1,010 per month which is significantly lower than the national average of $1,430. When it comes to grocery costs, Homestead is slightly more affordable than the US average with an index rating of 96 versus 100 for the US. Homestead offers a variety of local businesses including Koehler Brothers Lumber Company, National Tube Works of U.S Steel, and Pittsburgh Brewing Company.
Homestead has an unemployment rate of 7.1%. The US average is 6.0%.
Homestead has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Homestead
- The Sales Tax Rate for Homestead is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Homestead 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 Homestead
- The average income of a Homestead resident is $17,303 a year. The US average is $28,555 a year.
- The Median household income of a Homestead resident is $26,992 a year. The US average is $69,021 a year.