Castanea, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Castanea, PA is a small town located in Pennsylvania with a unique culture and lifestyle. It is known for its beautiful scenery, friendly people, and affordability. The cost of living in Castanea is significantly lower than the national average, especially when it comes to rent. A two bedroom apartment in Castanea will cost approximately $1,020 compared to the US average of $1,430. Groceries are also cheaper; the grocery cost index in Castanea is 101 versus 100 in the US. This makes it an ideal place for those looking to save money on housing costs while still enjoying a high quality of life. \nThe town has several local companies that contribute to the economy, such as Castanea Auto Repair & Services and Carrick Farms Dairy Products Incorporated. These businesses have been staples in the community for many years and provide valuable services and products to residents. Additionally, there are several retail stores located throughout Castanea that offer clothing options and other goods at competitive prices.

Castanea has an unemployment rate of 7.8%. The US average is 6.0%.

Castanea has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.

Tax Rates for Castanea
- The Sales Tax Rate for Castanea is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Castanea 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 Castanea
- The average income of a Castanea resident is $24,084 a year. The US average is $28,555 a year.
- The Median household income of a Castanea resident is $53,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastanea, PennsylvaniaUnited States
  7.86
  -6.6%-6.2%
  20.3%33.5%
  6.0%6.2%
  3.1%4.6%
  $32,804$37,638
  $53,333$69,021
  $65,313$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  4.9%6.8%
  21.4%10.0%
  2.0%2.5%
  18.1%11.0%
  1.7%4.8%
  1.2%0.8%
  0.5%1.9%
  0.5%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  4.6%4.2%
  12.0%9.3%
  16.4%14.0%
  1.2%2.1%
  3.2%7.0%
  5.3%4.8%
  5.3%4.7%
Health
Compare Castanea, PA
cost of living
Compare food, housing, utilities, and more in Castanea, Pennsylvania to any other city in the US.