Kennedy, PA is a small town located in the northern region of Pennsylvania. It is known for its proximity to major cities such as Pittsburgh, Erie, and Buffalo, making it an ideal place for those who want to enjoy the benefits of rural living while still having access to city amenities. The cost of living in Kennedy is generally lower than the US average; rent for a two bedroom home is around $1,130, while the US average is around $1,430. Additionally, grocery costs in Kennedy are on par with those across the US.
Kennedy offers residents easy access to essential services; there are several local stores and restaurants as well as a library and health care clinic. Furthermore, local employers such as Kader Industries and Kennedy Tool & Die provide quality jobs to area residents. The school district in Kennedy has won awards for excellence in education; Kennedy High School regularly ranks within the top 10 schools statewide. Finally, there are plenty of outdoor activities available year-round such as hiking trails and fishing spots.
Kennedy has an unemployment rate of 7.1%. The US average is 6.0%.
Kennedy has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Kennedy
- The Sales Tax Rate for Kennedy is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kennedy 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 Kennedy
- The average income of a Kennedy resident is $41,030 a year. The US average is $37,638 a year.
- The Median household income of a Kennedy resident is $76,607 a year. The US average is $69,021 a year.