Sterling, PA is a great place to live due to its low housing costs and cost of living. The average rent for a two bedroom in Sterling, PA is $1,170 which is significantly lower than the US average of $1,430. Grocery costs are also lower in Sterling with an index score of 103 compared to the national average of 100. What’s more, there are plenty of local businesses which contribute to the economy like Almac Packaging Solutions, The Woodlands Inn and Resort, and Smith's Ace Hardware. With reasonable housing costs and an overall cost of living that’s cheaper than the US average it’s no wonder why so many people choose to call Sterling home.
Sterling has an unemployment rate of 8.3%. The US average is 6.0%.
Sterling has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Sterling
- The Sales Tax Rate for Sterling is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling
- The average income of a Sterling resident is $26,936 a year. The US average is $37,638 a year.
- The Median household income of a Sterling resident is $55,278 a year. The US average is $69,021 a year.