Karns City, PA Economy


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Karns City, PA is an attractive place to live due to its variety of local businesses and a lower cost of living than other parts of the country. The rental prices for a two-bedroom apartment are much lower than the US average - only $870 compared to $1,430. Similarly, groceries are also cheaper here with an index value of 99 versus the national average of 100. Karns City is home to many local businesses such as Smith's Construction Co., Karns City Market, and Cates Auto Repair Shop. In general, this small town offers great value in terms of quality of life and affordability which makes it an attractive option for people looking for a new home.

Karns City has an unemployment rate of 6.4%. The US average is 6.0%.

Karns City 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 Karns City
- The Sales Tax Rate for Karns City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Karns City 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 Karns City
- The average income of a Karns City resident is $19,089 a year. The US average is $28,555 a year.
- The Median household income of a Karns City resident is $43,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKarns City, PennsylvaniaUnited States
  6.46
  -7.0%-6.2%
  25.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $20,145$37,638
  $43,472$69,021
  $42,778$85,028
  Population by Occupation
  0.0%1.2%
  6.1%0.5%
  19.7%6.8%
  9.1%10.0%
  1.5%2.5%
  6.1%11.0%
  4.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  4.5%7.6%
  0.0%0.1%
  6.1%4.2%
  0.0%9.3%
  15.2%14.0%
  0.0%2.1%
  4.5%7.0%
  1.5%4.8%
  21.2%4.7%
Health
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