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Economy in State College, Pennsylvania

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyState College, PAUnited States
Unemployment Rate5.40%9.10%
Recent Job Growth0.20%-0.12%
Future Job Growth35.00%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income per Cap.$14,381$27,067
Household Income$24,445$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K30.89%12.10%
Income between 15K and 25K20.13%10.18%
Income between 25K and 35K11.44%10.56%
Income between 35K and 50K11.91%14.98%
Income between 50K and 75K9.96%19.53%
Income between 75K and 100K5.67%12.52%
Income between 100K and 150K6.17%12.14%
Income between 150K and 250K2.07%3.91%
Income between 250K and 500K1.48%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.57%13.81%
Professional and Related Occupations43.88%22.68%
Service24.47%14.51%
Sales and Office20.93%25.22%
Farming, Fishing, and Forestry0.32%0.68%
Construction, Extraction, and Maintenance1.90%9.37%
Production, Transportation, and Material Moving3.78%15.86%
Median Household Income

The unemployment rate in State College, PA, is 5.40%, with job growth of 0.20%. Future job growth over the next ten years is predicted to be 35.00%.

State College, PA Taxes

State College, PA,sales tax rate is 6.00%. Income tax is 3.57%.

State College, PA Income and Salaries

The income per capita is $14,381, which includes all adults and children. The median household income is $24,445.


State College Economy SperlingViews

state college, pa: It is difficult to make ends meet in this area if you do not have an established career. The rental rates are very high compared to what employers are willing to pay. ... (read more)Getting Around: The bussing around town is excellent. Pretty much anywhere you need or want to go, CATA is there and usually on time. Things get hectic on campus, whether driving or... (read more)Gloomy city: I've lived in State College for seven years and it's the gloomiest place I've ever been. The sun rarely comes out here from November through April, and statistics show... (read more)Have an opinion about State College? Leave a commentTo See All SperlingViews for State College Click Here