Austin, Pennsylvania is a small rural town in Potter County. It has a population of approximately 600 people, making it perfect for those looking for a quiet and peaceful lifestyle. The cost of living in Austin is much lower than the US average, with 2 bedroom rent being $840 compared to the US average of $1,430 and grocery cost index of 96 versus 100 in the US. This makes Austin an attractive place for retirees as well as young families who want to save money on living expenses. Local companies include the Potter County fairgrounds which hosts a variety of events every year, including rodeos and carnivals; Miller's Olde Tyme Market which sells fresh produce and meats; and Reed Towing Service which provides services such as 24-hour roadside assistance and auto repair.
Austin has an unemployment rate of 8.5%. The US average is 6.0%.
Austin has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Austin
- The Sales Tax Rate for Austin is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Austin 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 Austin
- The average income of a Austin resident is $22,922 a year. The US average is $28,555 a year.
- The Median household income of a Austin resident is $45,000 a year. The US average is $69,021 a year.