Lock Haven, PA is an affordable city for renters, with 2 bedroom rent costing $1,020 per month compared to the US average of $1,430. Grocery costs are also lower in Lock Haven, with a Cost Index of 101 compared to 100 in the US. This makes Lock Haven a great place for those looking for an affordable life. The city is home to many companies such as Shearer's Snacks, First Quality Products, and Guardian Elder Care. With its affordability and variety of local businesses, Lock Haven is an attractive option for people looking for a budget-friendly lifestyle.
Lock Haven has an unemployment rate of 7.8%. The US average is 6.0%.
Lock Haven 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 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Lock Haven
- The Sales Tax Rate for Lock Haven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lock Haven is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lock Haven
- The average income of a Lock Haven resident is $16,022 a year. The US average is $28,555 a year.
- The Median household income of a Lock Haven resident is $37,662 a year. The US average is $69,021 a year.