Keating township (Potter County), PA Economy


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United States / Pennsylvania / No Metro Area / Potter County / Keating township (Potter County) / Zip Codes
Keating Township (Potter County), PA is a small and rural township located in central Pennsylvania. It has an estimated population of around 2,000 people, making it an inviting place to settle down or visit. Its economy is largely driven by local businesses such as the Potter County Times, which is the area's long-standing newspaper. Other local businesses in Keating Township include Keating Valley Groceries, an independent grocery store that has been serving the community for decades. The cost of living in Keating Township is also quite low compared to other parts of Pennsylvania; for example, the average two-bedroom rent is only $830 per month versus $1,430 across the United States. Furthermore, the Grocery Cost Index here is 97 versus 100 in the US overall. All these factors make Keating Township an attractive place for people looking for a relaxed lifestyle away from big cities and towns.

Keating township (Potter County) has an unemployment rate of 8.5%. The US average is 6.0%.

Keating township (Potter County) 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 Keating township (Potter County)
- The Sales Tax Rate for Keating township (Potter County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Keating township (Potter 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 Keating township (Potter County)
- The average income of a Keating township (Potter County) resident is $17,994 a year. The US average is $28,555 a year.
- The Median household income of a Keating township (Potter County) resident is $46,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeating township (Potter County), PennsylvaniaUnited States
  8.56
  -4.3%-6.2%
  19.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $30,300$37,638
  $46,667$69,021
  $70,000$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  16.7%6.8%
  28.9%10.0%
  0.0%2.5%
  12.2%11.0%
  10.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  2.2%4.2%
  3.3%9.3%
  7.8%14.0%
  2.2%2.1%
  0.0%7.0%
  4.4%4.8%
  5.6%4.7%
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