Elkland, PA Economy


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United States / Pennsylvania / No Metro Area / Tioga County / Elkland / Zip Codes
Elkland Borough, PA is an ideal place to live due to its low 2 bedroom rent of $880 compared to the US average of $1,430. The cost of living is also lower in Elkland Borough with a grocery cost index of 97 compared to 100 in the US. The area has plenty of businesses to choose from such as City Market, Elkland Hardware, and Elm Street Cafe. If you are looking for a more economical option than the rest of the country then Elkland Borough is worth considering.

Elkland has an unemployment rate of 7.9%. The US average is 6.0%.

Elkland 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 Elkland
- The Sales Tax Rate for Elkland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkland is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Elkland
- The average income of a Elkland resident is $23,080 a year. The US average is $28,555 a year.
- The Median household income of a Elkland resident is $51,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElkland, PennsylvaniaUnited States
  7.96
  -4.9%-6.2%
  13.5%33.5%
  6.0%6.2%
  4.8%4.6%
  $30,197$37,638
  $51,875$69,021
  $76,563$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  5.4%6.8%
  38.4%10.0%
  1.1%2.5%
  14.2%11.0%
  3.2%4.8%
  0.4%0.8%
  0.0%1.9%
  1.3%4.7%
  2.2%1.9%
  0.4%7.6%
  0.0%0.1%
  2.2%4.2%
  3.3%9.3%
  16.4%14.0%
  1.7%2.1%
  3.2%7.0%
  1.1%4.8%
  4.5%4.7%
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