Jefferson township (Somerset County), PA Economy


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United States / Pennsylvania / Somerset Metro Area / Somerset County / Jefferson township (Somerset County) / Zip Codes
Jefferson Township (Somerset County), Pennsylvania is a great place to live. Homeowners and renters alike can enjoy affordable living costs, with 2 bedroom rents averaging $800 a month compared to the national average of $1,430. Grocery costs in Jefferson Township are also lower, with an index of 99 when compared to the national average of 100.
The area has plenty to offer for job seekers and entrepreneurs alike. Major employers in the township include Air Products and Chemicals Inc., SKF USA, and Tozour Energy Systems. Recreational activities include golfing at Penn National Golf Course or hiking the trails at Laurel Hill State Park. For shopping, locals are just minutes away from popular outlets like Tanger and Premium Outlets in nearby Somerset County.

Jefferson township (Somerset County) has an unemployment rate of 7.9%. The US average is 6.0%.

Jefferson township (Somerset County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Jefferson township (Somerset County)
- The Sales Tax Rate for Jefferson township (Somerset County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jefferson township (Somerset County) 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 Jefferson township (Somerset County)
- The average income of a Jefferson township (Somerset County) resident is $29,177 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson township (Somerset County) resident is $64,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJefferson township (Somerset County), PennsylvaniaUnited States
  7.96
  -6.7%-6.2%
  17.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $35,547$37,638
  $64,432$69,021
  $76,771$85,028
  Population by Occupation
  0.4%1.2%
  4.4%0.5%
  10.1%6.8%
  12.9%10.0%
  0.5%2.5%
  11.5%11.0%
  3.2%4.8%
  0.0%0.8%
  1.6%1.9%
  0.9%4.7%
  3.9%1.9%
  7.1%7.6%
  0.0%0.1%
  3.2%4.2%
  3.9%9.3%
  17.9%14.0%
  2.8%2.1%
  8.3%7.0%
  4.2%4.8%
  3.2%4.7%
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