Kane, PA is a rural town located in the Northwestern part of Pennsylvania. It has a population of around 5,000 residents and offers affordable living costs for those looking to relocate. The cost of rent for two bedroom apartments is $720 per month, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Kane is 94 compared to 100 nationally. This makes it a desirable location for families looking for an inexpensive place to live with a low cost of living.
The small town of Kane offers several local businesses including; Smitty’s Market, The Coffee Stop Cafe, Senior Services of Elk County, and R & J Supply Co. These businesses provide essential services to the community and contribute to its economy. Furthermore, Kane is surrounded by natural beauty such as parks and trails that make it an ideal destination for outdoor recreation activities like hiking or biking.
Kane has an unemployment rate of 8.0%. The US average is 6.0%.
Kane has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Kane
- The Sales Tax Rate for Kane is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kane is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kane
- The average income of a Kane resident is $22,177 a year. The US average is $37,638 a year.
- The Median household income of a Kane resident is $39,963 a year. The US average is $69,021 a year.