Colerain township (Bedford County), PA Economy


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United States / Pennsylvania / No Metro Area / Bedford County / Colerain township (Bedford County) / Zip Codes
Colerain Township (Bedford County), Pennsylvania is a place for those looking for an affordable place to live. The 2 bedroom rent is significantly lower than the US average at $840 compared to $1,430. This low rent makes Colerain Township perfect for families as well as individuals. Additionally, groceries are slightly cheaper here with a grocery cost index of 101 compared to 100 in the US. Coupled with the low rent prices, this makes Colerain Township an ideal place for those looking for affordability and convenience.
The area also has many companies that offer employment opportunities such as Lowe's Home Improvement, Walmart Supercenter, and Dollar General. There are also various restaurants around the area offering their services to residents and visitors alike such as Applebee's Neighborhood Grill & Bar, Red Lobster Seafood Restaurant, Panera Bread Bakery-Cafe, Olive Garden Italian Kitchen and more so everyone can find something they enjoy.
All in all, Colerain Township (Bedford County), Pennsylvania offers an attractive combination of affordability and accessibility through its low rent prices and variety of businesses that make it an ideal choice for those seeking a low cost of living.

Colerain township (Bedford County) has an unemployment rate of 7.2%. The US average is 6.0%.

Colerain township (Bedford County) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Colerain township (Bedford County)
- The Sales Tax Rate for Colerain township (Bedford County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Colerain township (Bedford County) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Colerain township (Bedford County)
- The average income of a Colerain township (Bedford County) resident is $25,324 a year. The US average is $28,555 a year.
- The Median household income of a Colerain township (Bedford County) resident is $56,518 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColerain township (Bedford County), PennsylvaniaUnited States
  7.26
  -5.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  4.6%4.6%
  $29,016$37,638
  $56,518$69,021
  $63,482$85,028
  Population by Occupation
  5.2%1.2%
  1.0%0.5%
  10.9%6.8%
  19.2%10.0%
  2.1%2.5%
  9.1%11.0%
  7.8%4.8%
  0.0%0.8%
  1.0%1.9%
  1.0%4.7%
  0.0%1.9%
  6.8%7.6%
  0.0%0.1%
  3.9%4.2%
  2.9%9.3%
  10.4%14.0%
  1.6%2.1%
  6.2%7.0%
  5.5%4.8%
  5.5%4.7%
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