Newell, PA Economy


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Newell, PA is a picturesque town located near the city of Pittsburgh. It is home to many great local businesses such as Farmer's Choice Market, which provides locally sourced produce for residents. Homeowners in Newell enjoy affordable housing with a two bedroom apartment renting at $1,210 compared to the US average of $1,430. Grocery shopping is also cheaper in Newell with a grocery cost index of 95 versus 100 in the US. Other amenities of this small town include a variety of restaurants ranging from casual dining to fine dining experiences and plenty of outdoor activities like hiking and fishing.

Newell has an unemployment rate of 10.2%. The US average is 6.0%.

Newell has seen the job market increase by 0.3% 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 Newell
- The Sales Tax Rate for Newell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newell 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 Newell
- The average income of a Newell resident is $21,800 a year. The US average is $28,555 a year.
- The Median household income of a Newell resident is $70,208 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewell, PennsylvaniaUnited States
  10.26
  -7.0%-6.2%
  21.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $27,720$37,638
  $70,208$69,021
  $67,344$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  2.6%6.8%
  12.1%10.0%
  0.7%2.5%
  14.3%11.0%
  3.3%4.8%
  3.3%0.8%
  1.8%1.9%
  1.5%4.7%
  5.1%1.9%
  3.3%7.6%
  0.0%0.1%
  0.0%4.2%
  5.5%9.3%
  28.6%14.0%
  0.0%2.1%
  8.1%7.0%
  2.9%4.8%
  6.2%4.7%
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