Punxsutawney, PA is a small town located in western Pennsylvania. The cost of living is fairly low, with 2 bedroom rent being around $830 compared to the US average of $1,430. Additionally, the local grocery cost index is 96 versus 100 in the US. There are many local businesses in Punxsutawney that make up the community. Some notable examples include Landis-Huggins Auto Sales, Coopersmiths Bar and Grill, and Foust HVAC & Plumbing. Together these businesses provide jobs and services to the residents of Punxsutawney.
Punxsutawney has an unemployment rate of 7.7%. The US average is 6.0%.
Punxsutawney has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Punxsutawney
- The Sales Tax Rate for Punxsutawney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Punxsutawney 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 Punxsutawney
- The average income of a Punxsutawney resident is $25,085 a year. The US average is $37,638 a year.
- The Median household income of a Punxsutawney resident is $39,658 a year. The US average is $69,021 a year.