Canton, PA Economy


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Canton Borough, PA is a small town located in the state of Pennsylvania, with a population of just 1,873. The cost of living is relatively low compared to the rest of the United States - 2 bedroom rent averages at $860 per month while the US average is $1,430 and grocery costs are around 99 compared to 100 nationally. This makes Canton an attractive destination for those looking for a suburban lifestyle and lower costs of living. Some popular local businesses include Stauffer’s Hardware, A&J Produce & Grocery, and Bricco Deli & Restaurant.

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

Canton has seen the job market decrease by -5.4% 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 Canton
- The Sales Tax Rate for Canton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Canton 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 Canton
- The average income of a Canton resident is $21,631 a year. The US average is $37,638 a year.
- The Median household income of a Canton resident is $39,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanton, 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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