Homer City, PA is a small town located in Indiana County with an estimated population of 2,100 people. It is known for its local businesses and affordable cost of living. With an average 2 bedroom rent price of $810, Homer City is well below the US average rent price of $1,430. The Grocery Cost Index in Homer City is also 97 compared to 100 in the US, making it more affordable than other towns nearby. Some popular local businesses include Van Eerdens Greenhouse & Garden Center, Country Inn Restaurant, and Kephart’s Automotive Service. All in all, Homer City offers a tight-knit community with the convenience of nearby attractions as well as economic benefits.
Homer City has an unemployment rate of 7.7%. The US average is 6.0%.
Homer City has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.
Tax Rates for Homer City
- The Sales Tax Rate for Homer City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homer City is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Homer City
- The average income of a Homer City resident is $28,188 a year. The US average is $37,638 a year.
- The Median household income of a Homer City resident is $53,380 a year. The US average is $69,021 a year.