Hallstead, PA is a small town located in Susquehanna County with a population of less than 1000. It is a quiet community that is home to several local businesses such as Hallstead Hardware, The Farmhouse Store & Cafe, and Woodland Cellar Winery. The cost of living in Hallstead is relatively low compared to the US average. Rent for a two bedroom apartment averages at $900 while it costs an average of $1,430 for the same size rental across the country. Additionally, the grocery cost index in Hallstead is 97 versus 100 in the US. This low cost of living makes it an ideal residential area for those looking for an affordable place to call home.
Hallstead has an unemployment rate of 6.7%. The US average is 6.0%.
Hallstead 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 Hallstead
- The Sales Tax Rate for Hallstead is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hallstead 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 Hallstead
- The average income of a Hallstead resident is $20,450 a year. The US average is $28,555 a year.
- The Median household income of a Hallstead resident is $39,750 a year. The US average is $69,021 a year.