Albion, PA is a small town located in the Northwestern region of Pennsylvania. It is a vibrant community with many local businesses such as Albion Family Restaurant, Allegheny Outfitters, J & J Produce Market, and Albion Lumber & Supply Co. The cost of living in Albion is very affordable compared to other parts of the country. For example, the average rent for a two bedroom apartment is $820 per month while the US average rent for a two bedroom apartment is $1,430. Furthermore, the Grocery Cost Index in Albion is 95 compared to 100 in the US. All this makes Albion an attractive place to live and work!
Albion has an unemployment rate of 9.1%. The US average is 6.0%.
Albion has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Albion
- The Sales Tax Rate for Albion is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Albion 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 Albion
- The average income of a Albion resident is $22,811 a year. The US average is $28,555 a year.
- The Median household income of a Albion resident is $48,750 a year. The US average is $69,021 a year.