Arnot, PA is a small town located in Potter County. It is home to many small businesses including Arnot Lumber Company, Potter County Cheese Factory, and Arnot Mall which offers retail stores, restaurants, and an entertainment area. The cost of living in Arnot is relatively low compared to the US average. The rent for two bedroom apartments in Arnot is around $870 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Arnot is 100 versus 100 in the United States which means food costs are comparable here to what they would be elsewhere. All these factors combined make Arnot an attractive place to call home.
Arnot has an unemployment rate of 7.9%. The US average is 6.0%.
Arnot has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 13.5%, which is lower than the US average of 33.5%.
Tax Rates for Arnot
- The Sales Tax Rate for Arnot is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arnot 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 Arnot
- The average income of a Arnot resident is $25,149 a year. The US average is $28,555 a year.
- The Median household income of a Arnot resident is $81,429 a year. The US average is $69,021 a year.