Hector, PA is a small town located in central Pennsylvania. It is a very affordable place to live with 2 bedroom rentals costing only $850. The cost of living in the area is also reasonably low, as evidenced by the Grocery Cost Index being 98 compared to 100 in the US. There are several local businesses in Hector that contribute to its economy, such as Hector's Hardware Store, F & M Bank and Trust Co., Smith Family Diner, and Julianna's Bakery. These businesses provide jobs for members of the community and give locals much-needed goods and services.
Hector has an unemployment rate of 8.5%. The US average is 6.0%.
Hector has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Hector
- The Sales Tax Rate for Hector is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hector 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 Hector
- The average income of a Hector resident is $17,615 a year. The US average is $28,555 a year.
- The Median household income of a Hector resident is $41,406 a year. The US average is $69,021 a year.