Homer, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Pennsylvania / No Metro Area / Potter County / Homer / Zip Codes
Homer, PA is a small town located in the heart of Pennsylvania. The town is known for its picturesque views and tranquil atmosphere. Although it may be small, Homer has plenty to offer its residents and visitors alike. It boasts many parks, trails and outdoor activities such as fishing and camping. Additionally, residents have access to a variety of local businesses including coffee shops, restaurants, supermarkets, pharmacies and clothing stores. There are also several attractions like the nearby oil museum or historical sites that attract tourists from far and wide. With its low cost of living (2 bedroom rent averages at $800 compared to $1430 in the US), affordable grocery costs (98 vs 100 US index) and numerous leisure activities, Homer is an ideal place to live or visit.

Homer has an unemployment rate of 8.5%. The US average is 6.0%.

Homer 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 Homer
- The Sales Tax Rate for Homer is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Homer 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 Homer
- The average income of a Homer resident is $31,866 a year. The US average is $28,555 a year.
- The Median household income of a Homer resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomer, PennsylvaniaUnited States
  8.56
  -4.3%-6.2%
  19.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $34,618$37,638
  $73,750$69,021
  $78,250$85,028
  Population by Occupation
  0.0%1.2%
  15.7%0.5%
  1.4%6.8%
  8.1%10.0%
  2.9%2.5%
  22.9%11.0%
  6.7%4.8%
  2.9%0.8%
  3.8%1.9%
  1.0%4.7%
  4.3%1.9%
  3.8%7.6%
  0.0%0.1%
  0.0%4.2%
  4.3%9.3%
  13.3%14.0%
  0.0%2.1%
  1.9%7.0%
  1.0%4.8%
  6.2%4.7%
Health
Compare Homer, PA
cost of living
Compare food, housing, utilities, and more in Homer, Pennsylvania to any other city in the US.