Sheffield, PA is a small town located in Warren County Pennsylvania. It’s known for its beautiful scenery and proximity to other towns. The cost of living in Sheffield is lower than the national average, making it an attractive option for those looking for an affordable place to live. With 2 bedroom rent at $740 per month, and a grocery cost index of 96 compared to 100 nationally, Sheffield is a budget-friendly choice for renters. Many local businesses thrive in Sheffield due to the close-knit community that calls this town home. Popular companies such as Finley’s Market & Deli, High Tech Computing Solutions, and Smitty’s Automotive Repair offer goods and services that benefit residents both economically and socially. These businesses help create a thriving atmosphere providing much needed amenities and creating jobs for locals.
Sheffield has an unemployment rate of 7.6%. The US average is 6.0%.
Sheffield has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Sheffield
- The Sales Tax Rate for Sheffield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sheffield 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 Sheffield
- The average income of a Sheffield resident is $18,633 a year. The US average is $28,555 a year.
- The Median household income of a Sheffield resident is $52,361 a year. The US average is $69,021 a year.