Eldred Township (McKean Cnty), PA is a great place to live with plenty of opportunities. It has many local businesses like Lakeshore Insurance Agency, Penn-York Realty, and Keating’s Auto Service. The cost of living in Eldred Township is very reasonable compared to the US as a whole. The average 2 bedroom rent is $740 per month versus $1,430 nationally. Additionally, the Grocery Cost Index is 95 versus 100 for the US. This makes it easier for residents to live economically without sacrificing quality or convenience.
Eldred township has an unemployment rate of 8.0%. The US average is 6.0%.
Eldred township has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Eldred township
- The Sales Tax Rate for Eldred township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eldred township 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 Eldred township
- The average income of a Eldred township resident is $34,249 a year. The US average is $37,638 a year.
- The Median household income of a Eldred township resident is $66,313 a year. The US average is $69,021 a year.