Clearfield, PA Economy


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Clearfield Borough, PA is an attractive region characterized by its affordability. The two bedroom rent in the borough is much lower than the national average, specifically $820 in comparison to $1,430. Additionally, groceries cost less too with a Grocery Cost Index of 96 versus 100 in the US. This makes it an ideal place to live for those looking for more economical options. The borough offers many local attractions such as the Clearfield Community Pool and Recreation Center as well as several shops and restaurants like Beaver Stadium Sports Bar and Grill or Prime Choice Meats & Deli. It also has plenty of employment opportunities with nearby businesses like Clearfield Boring Inc., Quantum Precision Group, and Dairy Fresh Foods.

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

Clearfield 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 Clearfield
- The Sales Tax Rate for Clearfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clearfield 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 Clearfield
- The average income of a Clearfield resident is $21,144 a year. The US average is $28,555 a year.
- The Median household income of a Clearfield resident is $48,116 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClearfield, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $23,099$37,638
  $48,116$69,021
  $59,569$85,028
  Population by Occupation
  2.0%1.2%
  0.6%0.5%
  10.0%6.8%
  10.5%10.0%
  1.3%2.5%
  15.5%11.0%
  4.3%4.8%
  0.3%0.8%
  1.1%1.9%
  3.5%4.7%
  0.1%1.9%
  5.7%7.6%
  0.0%0.1%
  3.2%4.2%
  6.6%9.3%
  16.7%14.0%
  0.4%2.1%
  8.2%7.0%
  3.9%4.8%
  6.1%4.7%
Reviews for Clearfield
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Over 12 years ago

I have Lived In the Clearfield Area for 37 years it has its ups and downs like many places for starters you must be willing to commute approx. 30-60 min. for a job that  More

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