Fairchance, PA is a small town located in Fayette County. It has a population of 1,948 people and is surrounded by scenic rural landscapes. The median rent for two bedroom homes is relatively low compared to the national average at just $920 per month. Fairchance also offers competitive grocery costs with an index score of 97 against the national average of 100.
The town is home to several local businesses including Fairchance Liquor Store, Prizewinner Motors, and Dragonfly Hair Design. All these businesses offer residents great services within the community such as convenience goods and automotive services. In addition, there are several parks located in Fairchance that provide outdoor recreational activities for locals and visitors alike.
Fairchance has an unemployment rate of 10.2%. The US average is 6.0%.
Fairchance has seen the job market decrease by -7.0% 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 Fairchance
- The Sales Tax Rate for Fairchance is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairchance 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 Fairchance
- The average income of a Fairchance resident is $22,240 a year. The US average is $37,638 a year.
- The Median household income of a Fairchance resident is $40,337 a year. The US average is $69,021 a year.