Hokendauqua, PA Economy


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Hokendauqua, PA is a small town with many opportunities for young professionals. The two bedroom rent is relatively high compared to the US average at $1,570 versus $1,430. However, grocery cost index in Hokendauqua is slightly higher than the US at 103 versus 100. This makes it a great place to live and work. There are many local companies in Hokendauqua, such as Steel Valley Construction Services, Authentic Real Estate Solutions, and Thienel's Repair Service. These businesses provide jobs for the local residents and contribute to the growth of the economy.

Hokendauqua has an unemployment rate of 7.8%. The US average is 6.0%.

Hokendauqua 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 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Hokendauqua
- The Sales Tax Rate for Hokendauqua is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hokendauqua 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 Hokendauqua
- The average income of a Hokendauqua resident is $31,121 a year. The US average is $28,555 a year.
- The Median household income of a Hokendauqua resident is $75,898 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHokendauqua, PennsylvaniaUnited States
  7.86
  -6.4%-6.2%
  28.1%33.5%
  6.0%6.2%
  3.1%4.6%
  $40,039$37,638
  $75,898$69,021
  $91,793$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.5%6.8%
  11.2%10.0%
  1.8%2.5%
  7.4%11.0%
  4.1%4.8%
  6.4%0.8%
  2.0%1.9%
  9.3%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  3.5%4.2%
  14.6%9.3%
  12.7%14.0%
  2.7%2.1%
  6.6%7.0%
  7.1%4.8%
  2.7%4.7%
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