Zip 16941 (Genesee, PA) Economy


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United States / Pennsylvania / No Metro Area / Potter County / No City / Genesee (zip 16941)
16941 Genesee, PA is a small town located in northwestern Pennsylvania. The town enjoys the benefits of being close to Lake Erie, as well as having easy access to major cities such as Pittsburgh and Cleveland. Two-bedroom rent in 16941 Genesee, PA is $820 compared to the US average of $1430. Grocery cost index in the area is 96 compared to 100 in the US.
16941 Genesee is home to various companies and businesses that are beneficial for its citizens. Some of these include Talon Industries LLC that specializes in manufacturing products and components from plastic, metal, composite materials and many more; Rocking R Farms LLC that provides custom farming services for various acreage sizes; and Ussc Holdings LLC which offers services related to investments management. \nThe town also has a variety of attractions for visitors and locals alike to enjoy their time here. Among these are Kellogg's Corners covered bridge which was built in 1867 over Eighteen Mile Creek; Olean Creek Park offering recreational activities such as fishing, camping, kayaking, hiking trails and picnic pavilions; and Allegheny National Forest perfect for outdoor adventures like horseback riding or biking.

Genesee (zip 16941) has an unemployment rate of 8.5%. The US average is 6.0%.

Genesee (zip 16941) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.

Tax Rates for Genesee (zip 16941)
- The Sales Tax Rate for Genesee (zip 16941) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee (zip 16941) 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 Genesee (zip 16941)
- The average income of a Genesee (zip 16941) resident is $22,659 a year. The US average is $28,555 a year.
- The Median household income of a Genesee (zip 16941) resident is $50,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGenesee, PennsylvaniaUnited States
  8.56
  -4.3%-6.2%
  19.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $21,640$37,638
  $50,625$69,021
  $95,750$85,028
  Population by Occupation
  19.1%1.2%
  14.9%0.5%
  14.9%6.8%
  10.6%10.0%
  0.0%2.5%
  0.0%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.3%9.3%
  2.1%14.0%
  0.0%2.1%
  0.0%7.0%
  4.3%4.8%
  25.5%4.7%
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