Forkston, PA Economy


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Forkston, PA is a small town located in Northeastern Pennsylvania. It has a population of around 2,000 people and offers affordable housing with 2 bedroom rent costing an average of $1,140. This is significantly lower than the US average of $1,430 making it an attractive option for those looking to relocate without breaking the bank. Forkston is also a great location for those who love outdoor activities as it provides access to many local parks and trails perfect for hiking, biking, fishing and camping. In terms of groceries, the cost index in Forkston is 99 versus 100 in the US so it is still relatively affordable to buy food in the area.
There are several local businesses that make up Forkston's economy such as H&E Tire & Auto Repair Inc., Lewis Insurance Agency and Yerger Financial Solutions LLC. There are also a number of popular attractions in Forkston like Noxen Museum that shares the history of this small town through artifacts collected over decades or Moon Lake Park which offers camping sites, boat rentals and playgrounds for kids. All in all, Forkston is an excellent place to live with plenty of great amenities nearby.

Forkston has an unemployment rate of 7.7%. The US average is 6.0%.

Forkston 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 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Forkston
- The Sales Tax Rate for Forkston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forkston is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Forkston
- The average income of a Forkston resident is $21,877 a year. The US average is $28,555 a year.
- The Median household income of a Forkston resident is $61,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForkston, PennsylvaniaUnited States
  7.76
  -5.8%-6.2%
  24.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $38,395$37,638
  $61,719$69,021
  $75,417$85,028
  Population by Occupation
  8.3%1.2%
  4.5%0.5%
  5.8%6.8%
  6.4%10.0%
  0.0%2.5%
  10.9%11.0%
  1.9%4.8%
  0.0%0.8%
  0.0%1.9%
  2.6%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  5.1%4.2%
  7.7%9.3%
  25.6%14.0%
  0.6%2.1%
  5.1%7.0%
  3.2%4.8%
  8.3%4.7%
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