Cowanshannock, PA is a small town located in Armstrong County. It has a population of just under 500 people, which makes for an intimate atmosphere. This small town offers its residents a humble lifestyle as evidenced by the low 2 bedroom rent rate of $890 and lower grocery cost index of 97 compared to the US average 100. The overall cost of living is much more reasonable than other parts of the country, making it a popular destination for those looking for more affordable housing options.
Cowanshannock, PA is home to several local companies such as Cowanshannock Township Fire Department, Edgewater Pointe Marina, and Brown's Lumber Company. These businesses provide community members with jobs and services, allowing them to have more financial stability and security while living in this area. Additionally, many area residents also benefit from the lower cost of living in this region; allowing them to enjoy life without worrying too much about their finances.
In conclusion, Cowanshannock, PA is an ideal place to live for those who are looking for an affordable place to call home. Its low 2 bedroom rent rate and grocery cost index can make it easier to stretch your budget further while still enjoying a comfortable lifestyle. With its local businesses providing valuable services and job opportunities along with its reasonable cost of living, Cowanshannock, PA can be an excellent option for those looking to save money while still having access to all necessary amenities.
Cowanshannock has an unemployment rate of 8.5%. The US average is 6.0%.
Cowanshannock has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Cowanshannock
- The Sales Tax Rate for Cowanshannock is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cowanshannock 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 Cowanshannock
- The average income of a Cowanshannock resident is $26,437 a year. The US average is $37,638 a year.
- The Median household income of a Cowanshannock resident is $57,813 a year. The US average is $69,021 a year.