North Branch, PA Economy


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North Branch, PA is an attractive area to live due to its lower cost of living. The rent for a two bedroom in North Branch is about $1,100 per month compared to the US average of $1,430. This provides a significant savings for those who are looking for more affordable housing options. Additionally, grocery costs in North Branch are nearly equal to the national average with an index of 99 versus 100 in the US.
North Branch is home to a number of local companies including Corning Inc., Raymond Corporation, Cargill Incorporated, and Hardinge Inc.. These companies provide great employment opportunities with competitive wages and benefits packages within the local community.
Overall, North Branch provides an excellent quality of life at a relatively low cost when compared to other areas around the country. For those looking for affordable housing and job opportunities this could be an ideal location to consider calling home.

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

North Branch 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 North Branch
- The Sales Tax Rate for North Branch is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Branch 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 North Branch
- The average income of a North Branch resident is $26,989 a year. The US average is $28,555 a year.
- The Median household income of a North Branch resident is $58,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Branch, PennsylvaniaUnited States
  7.76
  -5.8%-6.2%
  24.7%33.5%
  6.0%6.2%
  4.1%4.6%
  $49,089$37,638
  $58,125$69,021
  $68,571$85,028
  Population by Occupation
  1.1%1.2%
  2.2%0.5%
  3.3%6.8%
  10.9%10.0%
  3.3%2.5%
  13.0%11.0%
  14.1%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  12.0%4.2%
  6.5%9.3%
  14.1%14.0%
  0.0%2.1%
  5.4%7.0%
  0.0%4.8%
  9.8%4.7%
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