Allegheny township (Venango County), PA Economy


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United States / Pennsylvania / Oil City Metro Area / Venango County / Allegheny township (Venango County) / Zip Codes
Allegheny Township (Venango Cnty), PA is a great place to live due to its low living costs and close proximity to major cities. Rent for a two bedroom apartment is $830, which is significantly lower than the national average of $1,430. Grocery costs are also much cheaper than the national average, with an index of 97 compared to 100 in the US. The area has many local businesses including family-owned diners such as Zack’s Diner and Hughes Restaurant. Other local businesses include Allegheny Furniture, Venango Construction Company, and Hines Art Gallery. These locally owned companies make Allegheny Township (Venango Cnty) a wonderful place to live.

Allegheny township (Venango County) has an unemployment rate of 8.1%. The US average is 6.0%.

Allegheny township (Venango County) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.

Tax Rates for Allegheny township (Venango County)
- The Sales Tax Rate for Allegheny township (Venango County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Allegheny township (Venango County) 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 Allegheny township (Venango County)
- The average income of a Allegheny township (Venango County) resident is $28,587 a year. The US average is $37,638 a year.
- The Median household income of a Allegheny township (Venango County) resident is $54,732 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllegheny township (Venango County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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