Homeacre-Lyndora, PA Economy


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Homeacre-Lyndora, PA is a small town located in southwestern Pennsylvania. It has seen a steady growth over the years and now offers many amenities to residents, such as affordable housing costs. The average 2 bedroom rent in Homeacre-Lyndora is $1,060 which is lower than the US average of $1,430. Additionally, grocery costs are on par with those of the US with an index of 100 versus 100 for the US. The town also provides plenty of local businesses for its citizens to utilize, such as Lyle’s Hardware Store, Thorn Auto Body Repair Shop, and Jena’s Grocery Store. These companies help contribute to the community and offer opportunities for employment.

Homeacre-Lyndora has an unemployment rate of 6.4%. The US average is 6.0%.

Homeacre-Lyndora has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.

Tax Rates for Homeacre-Lyndora
- The Sales Tax Rate for Homeacre-Lyndora is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homeacre-Lyndora is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Homeacre-Lyndora
- The average income of a Homeacre-Lyndora resident is $27,184 a year. The US average is $28,555 a year.
- The Median household income of a Homeacre-Lyndora resident is $59,397 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomeacre-Lyndora, PennsylvaniaUnited States
  6.46
  -7.0%-6.2%
  25.4%33.5%
  6.0%6.2%
  3.1%4.6%
  $36,272$37,638
  $59,397$69,021
  $85,833$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.3%6.8%
  12.1%10.0%
  0.8%2.5%
  17.0%11.0%
  4.4%4.8%
  0.9%0.8%
  1.5%1.9%
  4.3%4.7%
  0.5%1.9%
  5.1%7.6%
  0.0%0.1%
  1.7%4.2%
  8.8%9.3%
  17.2%14.0%
  1.8%2.1%
  6.4%7.0%
  6.9%4.8%
  5.1%4.7%
Health
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