Choconut, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Pennsylvania / No Metro Area / Susquehanna County / Choconut / Zip Codes
Choconut, PA is a charming small town situated in Susquehanna County. It provides a peaceful and tranquil atmosphere for its residents to enjoy. With a low cost of living, this rural area has become an attractive destination for people looking to settle down or raise a family. The average 2 bedroom rent in Choconut is $880 per month, significantly less than the US average of $1,430 per month. Similarly, grocery costs in Choconut are 101 on the index versus 100 in the US, allowing residents to save even more on food purchases.
The town boasts several local businesses such as Tampieri's Automotive Repair Shop, which has been providing quality auto care since 1962; Kallenbach Landscaping Service and Tree Care offers professional lawn care services; and K & B Dairy Supply provides dairy equipment solutions for all types of farms. Thanks to these businesses and other enterprises like them locals can find work opportunities close to home without having to take hefty commutes into larger cities.
Overall, Choconut is an ideal place for those seeking an affordable lifestyle that won't break their budget. With lower rents and taxes at play when compared with other locations across the country it's no surprise that many opt to call this quiet town home.

Choconut has an unemployment rate of 6.7%. The US average is 6.0%.

Choconut has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Choconut
- The Sales Tax Rate for Choconut is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Choconut 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 Choconut
- The average income of a Choconut resident is $28,194 a year. The US average is $28,555 a year.
- The Median household income of a Choconut resident is $54,457 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChoconut, PennsylvaniaUnited States
  6.76
  -6.7%-6.2%
  21.0%33.5%
  6.0%6.2%
  3.1%4.6%
  $36,009$37,638
  $54,457$69,021
  $73,125$85,028
  Population by Occupation
  0.0%1.2%
  1.7%0.5%
  11.9%6.8%
  12.5%10.0%
  1.7%2.5%
  12.5%11.0%
  3.0%4.8%
  3.3%0.8%
  0.3%1.9%
  4.0%4.7%
  0.7%1.9%
  3.6%7.6%
  0.0%0.1%
  6.9%4.2%
  5.6%9.3%
  19.1%14.0%
  1.7%2.1%
  4.3%7.0%
  6.6%4.8%
  0.7%4.7%
Health
Compare Choconut, PA
cost of living
Compare food, housing, utilities, and more in Choconut, Pennsylvania to any other city in the US.