Philipsburg, PA Economy


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Philipsburg, PA is a small town located in central Pennsylvania. It has a population of about 3,500 people and is known for its rural charm and scenic environment. The cost of living in Philipsburg is relatively low when compared to the United States as a whole; for example, two bedroom rent averages around $1,110 per month while the US average for the same type of apartment is $1,430. Similarly, grocery costs are also slightly lower than the national norm at 99 index points versus 100 in the US.
The town boasts a number of local businesses such as Apple Valley Cinema, Knepp's True Value Hardware Store and Morelli's Pizza & Pasta House. Additionally, Philipsburg offers many recreational opportunities such as hiking trails at Rothrock State Forest and Blue Knob All Seasons Resort which serves as a ski resort during the winter months.

Philipsburg has an unemployment rate of 4.9%. The US average is 6.0%.

Philipsburg has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Philipsburg
- The Sales Tax Rate for Philipsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Philipsburg 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 Philipsburg
- The average income of a Philipsburg resident is $24,146 a year. The US average is $28,555 a year.
- The Median household income of a Philipsburg resident is $39,049 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPhilipsburg, PennsylvaniaUnited States
  4.96
  -6.9%-6.2%
  27.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,428$37,638
  $39,049$69,021
  $69,851$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  10.9%6.8%
  13.1%10.0%
  0.9%2.5%
  9.2%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.9%4.7%
  1.8%1.9%
  2.7%7.6%
  0.0%0.1%
  7.1%4.2%
  8.5%9.3%
  18.4%14.0%
  1.2%2.1%
  5.9%7.0%
  5.4%4.8%
  9.3%4.7%
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