Coburn, PA is a small town located in central Pennsylvania. It is a popular destination for tourists looking to escape the hustle and bustle of the larger cities nearby. With rental prices at $1,170 for two-bedrooms, living costs are much lower than the US average of $1,430. When it comes to groceries, Coburn has a Grocery Cost Index of 105 which is higher than the US average of 100. This means that groceries are slightly more expensive in Coburn but not by much.
In terms of economic activity, Coburn provides plenty of opportunities for both locals and visitors alike. Many local businesses exist in town such as Taggarts Hardware Store and Coburn Pharmacy which offer specialized services that cannot be found elsewhere. There are also restaurants like Bev's Cafe and Jefferson Street Pub & Inn which provide tasty meals to guests at an affordable price. All in all, there is plenty of economic activity happening in Coburn which makes it an ideal place to live or visit.
Coburn has an unemployment rate of 4.9%. The US average is 6.0%.
Coburn has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Coburn
- The Sales Tax Rate for Coburn is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coburn 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 Coburn
- The average income of a Coburn resident is $21,873 a year. The US average is $28,555 a year.
- The Median household income of a Coburn resident is $28,409 a year. The US average is $69,021 a year.