Throop, PA Economy


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Throop, PA is a small borough located outside Scranton, Pennsylvania. It has a population of 1,890 people according to the 2010 census. The cost of living in Throop, PA is much lower than the national average. Rent for a two-bedroom apartment is $1,010 per month, which is significantly lower than the national rate of $1,430 for the same size apartment. The grocery cost index is also much lower in Throop with an index rating of 99 compared to 100 in the US. Local companies operating in Throop include Schumacher Chevrolet and Kelloway Construction. With its low rent and grocery costs as well as its local amenities and services, Throop is an attractive option for those looking for affordable housing close to nearby cities like Scranton.

Throop has an unemployment rate of 8.1%. The US average is 6.0%.

Throop has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Throop
- The Sales Tax Rate for Throop is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Throop 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 Throop
- The average income of a Throop resident is $26,461 a year. The US average is $28,555 a year.
- The Median household income of a Throop resident is $43,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThroop, PennsylvaniaUnited States
  8.16
  -6.1%-6.2%
  26.2%33.5%
  6.0%6.2%
  4.1%4.6%
  $27,410$37,638
  $43,571$69,021
  $57,083$85,028
  Population by Occupation
  0.0%1.2%
  1.5%0.5%
  3.6%6.8%
  10.3%10.0%
  2.4%2.5%
  14.7%11.0%
  2.8%4.8%
  0.5%0.8%
  3.0%1.9%
  4.4%4.7%
  0.9%1.9%
  5.7%7.6%
  0.4%0.1%
  1.9%4.2%
  9.7%9.3%
  22.5%14.0%
  2.2%2.1%
  4.9%7.0%
  4.7%4.8%
  3.8%4.7%
Health
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