Asylum, PA Economy


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Asylum, PA is a small town located in northern Pennsylvania. It has a population of about 4,000 people and is relatively quiet. It is known for its quaint small-town charm and local businesses. Popular companies that are based out of Asylum include Blast-Off Media, Fischler Logistic Solutions, and Core Auto Group. The cost of living in this small town is quite affordable with an average 2 bedroom rent being $860 compared to the US average rent of $1,430. Additionally, grocery prices are also cheaper than the national average with an index score of 101 versus 100 nationally. All in all, Asylum provides residents with a nice and affordable place to live and work!

Asylum has an unemployment rate of 6.4%. The US average is 6.0%.

Asylum has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.

Tax Rates for Asylum
- The Sales Tax Rate for Asylum is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Asylum 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 Asylum
- The average income of a Asylum resident is $29,868 a year. The US average is $28,555 a year.
- The Median household income of a Asylum resident is $73,214 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsylum, PennsylvaniaUnited States
  6.46
  -5.4%-6.2%
  13.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,358$37,638
  $73,214$69,021
  $88,571$85,028
  Population by Occupation
  2.1%1.2%
  4.7%0.5%
  3.7%6.8%
  27.2%10.0%
  4.5%2.5%
  13.8%11.0%
  9.3%4.8%
  2.1%0.8%
  0.0%1.9%
  1.6%4.7%
  1.6%1.9%
  0.8%7.6%
  0.0%0.1%
  0.8%4.2%
  8.6%9.3%
  9.1%14.0%
  0.6%2.1%
  6.6%7.0%
  1.4%4.8%
  1.4%4.7%
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