Valencia, PA is an attractive small town located in the Butler County area of Pennsylvania. It is a great place to live and work due to its affordability and low cost of living. The average two-bedroom rent is $1,640 compared to the US average of $1,430. Additionally, the local grocery cost index is 105 versus 100 in the US making it an affordable place for families.
Valencia’s businesses are mostly small companies with a few larger ones in the industrial park area. Companies such as Cummins Inc., ADCO Electric Supply Company, Berg & Associates, Inc., C&C Industries, Mechanical Air Service Corporation and Metalpro Inc offer a variety of employment opportunities within the community. For those looking for retail outlets there are several local shops such as Aladdin’s Cave Comics & Collectibles, Ace Hardware, G&R Sports Center and Farmers Insurance Agency which cater to both locals and visitors alike.
Valencia has an unemployment rate of 6.4%. The US average is 6.0%.
Valencia 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 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Valencia
- The Sales Tax Rate for Valencia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Valencia 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 Valencia
- The average income of a Valencia resident is $31,684 a year. The US average is $28,555 a year.
- The Median household income of a Valencia resident is $60,875 a year. The US average is $69,021 a year.