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Economy in Palo Alto, Pennsylvania

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyPalo Alto, PAUnited States
Unemployment Rate9.60%9.10%
Recent Job Growth-1.60%-0.12%
Future Job Growth27.20%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income per Cap.$22,093$27,067
Household Income$44,942$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.93%12.10%
Income between 15K and 25K9.55%10.18%
Income between 25K and 35K13.84%10.56%
Income between 35K and 50K21.96%14.98%
Income between 50K and 75K25.54%19.53%
Income between 75K and 100K9.55%12.52%
Income between 100K and 150K6.44%12.14%
Income between 150K and 250K0.48%3.91%
Income between 250K and 500K0.72%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.45%13.81%
Professional and Related Occupations24.33%22.68%
Service12.58%14.51%
Sales and Office18.35%25.22%
Farming, Fishing, and Forestry0.21%0.68%
Construction, Extraction, and Maintenance8.45%9.37%
Production, Transportation, and Material Moving25.15%15.86%
Median Household Income

The unemployment rate in Palo Alto, PA, is 9.60%, with job growth of -1.60%. Future job growth over the next ten years is predicted to be 27.20%.

Palo Alto, PA Taxes

Palo Alto, PA,sales tax rate is 6.00%. Income tax is 3.57%.

Palo Alto, PA Income and Salaries

The income per capita is $22,093, which includes all adults and children. The median household income is $44,942.


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