Hayfield, PA Economy


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Hayfield, PA is a small town in Pennsylvania with an estimated population of 1,000 people. The cost of living is quite affordable as the average two-bedroom rent is $870 compared to the US average of $1,430. Even grocery costs are low with an index of 95 versus 100 in the US. This makes it a great place to live and work as local companies such as Wells Fargo Bank, Reeds Supermarket, and Hayfield Post Office provide quality services to residents and visitors alike. With its peaceful atmosphere and relatively low cost of living, Hayfield offers an attractive option for those looking for a comfortable lifestyle within a tight budget.

Hayfield has an unemployment rate of 7.9%. The US average is 6.0%.

Hayfield has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Hayfield
- The Sales Tax Rate for Hayfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hayfield 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 Hayfield
- The average income of a Hayfield resident is $23,992 a year. The US average is $28,555 a year.
- The Median household income of a Hayfield resident is $63,030 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHayfield, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $34,370$37,638
  $63,030$69,021
  $68,750$85,028
  Population by Occupation
  1.5%1.2%
  0.8%0.5%
  8.7%6.8%
  39.5%10.0%
  0.1%2.5%
  4.3%11.0%
  2.3%4.8%
  0.0%0.8%
  1.4%1.9%
  5.2%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  2.3%4.2%
  3.7%9.3%
  12.6%14.0%
  1.1%2.1%
  2.1%7.0%
  4.8%4.8%
  8.7%4.7%
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