Williamsport Metro Area, PA Economy


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United States / Pennsylvania / Williamsport Metro Area / Counties / Cities / Zip Codes
Williamsport, PA Metro Area is a great place to live. Its cost of living is lower than the national average, with a two-bedroom rental price of $970 compared to the US two bedroom rent of $1,430. The Grocery Cost Index in Williamsport is also 101 versus 100 in the US. This makes it an affordable choice for families and individuals who are looking for a place to call home. \nThe area is served by many different companies including UPMC Susquehanna, Avco Industries, International Paper Company, and Lycoming College. These businesses provide employment and growth opportunities for the local economy. Additionally, there are plenty of shopping centers and restaurants in the area to explore during your stay.

Williamsport Metro Area has an unemployment rate of 7.8%. The US average is 6.0%.

Williamsport Metro Area has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.

Tax Rates for Williamsport Metro Area
- The Sales Tax Rate for Williamsport Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Williamsport Metro Area is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Williamsport Metro Area
- The average income of a Williamsport Metro Area resident is $23,531 a year. The US average is $28,555 a year.
- The Median household income of a Williamsport Metro Area resident is $58,177 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilliamsport, PennsylvaniaUnited States
  7.86
  -5.9%-6.2%
  9.6%33.5%
  6.0%6.2%
  3.1%4.6%
  $29,672$37,638
  $58,177$69,021
  $70,298$85,028
  Population by Occupation
  1.0%1.2%
  1.1%0.5%
  6.9%6.8%
  13.8%10.0%
  2.5%2.5%
  11.7%11.0%
  4.7%4.8%
  0.5%0.8%
  0.9%1.9%
  3.9%4.7%
  1.5%1.9%
  4.2%7.6%
  0.1%0.1%
  3.8%4.2%
  9.0%9.3%
  17.1%14.0%
  1.1%2.1%
  6.3%7.0%
  5.0%4.8%
  5.0%4.7%
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