Bloom, PA Economy


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Bloom, PA is a small town located in Pennsylvania that offers its residents an ideal balance of affordability and amenities. The average two-bedroom rent is an affordable $810 per month compared to the US average of $1,430, and local grocery costs are lower than the national average at 96 versus 100. As a result of these low living costs, Bloom is quickly becoming a popular destination for young professionals looking for a cost-effective place to call home. The town also offers several local businesses where locals can find employment opportunities such as Brown Brothers Automotive and Wampler's Plant Nursery. For those looking to take part in leisure activities, there is plenty to do! Residents can enjoy time spent outdoors with hiking and biking trails nearby or take part in sports on the local teams sponsored by mainstay companies like Bontrager Construction Co.

Bloom has an unemployment rate of 8.0%. The US average is 6.0%.

Bloom has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Bloom
- The Sales Tax Rate for Bloom is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloom 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 Bloom
- The average income of a Bloom resident is $23,263 a year. The US average is $28,555 a year.
- The Median household income of a Bloom resident is $61,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloom, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $32,697$37,638
  $61,458$69,021
  $65,521$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  17.7%6.8%
  5.1%10.0%
  2.9%2.5%
  17.1%11.0%
  9.7%4.8%
  2.3%0.8%
  0.0%1.9%
  2.3%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  1.7%4.2%
  1.1%9.3%
  17.1%14.0%
  2.3%2.1%
  10.9%7.0%
  2.3%4.8%
  4.0%4.7%
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