Elizabeth, PA Economy


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Elizabeth borough, PA is a vibrant and dynamic borough located in the heart of Pennsylvania. It offers a wide range of activities and amenities for residents including high quality restaurants, local businesses, parks, and cultural events. The 2-bedroom rent in Elizabeth borough is slightly lower than the US average at $1,010 versus $1,430. Additionally, the grocery cost index in Elizabeth borough is 99 compared to 100 in the US. Local companies such as JB Hunt Transport Services, Walmart Stores Inc., and Tyson Foods Inc. are some of the largest employers in the area providing jobs and access to important resources to its citizens. Overall Elizabeth borough provides an affordable option for living while still giving residents access to all that Pennsylvania has to offer.

Elizabeth has an unemployment rate of 7.1%. The US average is 6.0%.

Elizabeth has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Elizabeth
- The Sales Tax Rate for Elizabeth is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth 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 Elizabeth
- The average income of a Elizabeth resident is $22,025 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth resident is $41,488 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElizabeth, PennsylvaniaUnited States
  7.16
  -7.1%-6.2%
  24.3%33.5%
  7.0%6.2%
  4.1%4.6%
  $25,645$37,638
  $41,488$69,021
  $59,000$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  11.8%6.8%
  5.7%10.0%
  4.1%2.5%
  10.0%11.0%
  3.2%4.8%
  0.6%0.8%
  1.1%1.9%
  5.4%4.7%
  0.0%1.9%
  4.1%7.6%
  0.3%0.1%
  2.1%4.2%
  9.2%9.3%
  16.5%14.0%
  0.5%2.1%
  19.7%7.0%
  4.8%4.8%
  0.5%4.7%
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