Locust, PA Economy


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Locust, PA is a small city located in central Pennsylvania. It is widely known for its low cost of living; with a two bedroom rent being only $1,050 and a grocery cost index of 100, it is much cheaper than other parts of the US where the two bedroom rent on average is $1,430. The city has many local businesses such as S&S Automotive Repair Services, Freeman's Plumbing & Heating Inc., and Locust Valley Veterinary Hospital that provide residents with quality services at reasonable rates. Additionally, there are numerous restaurants and cafes that offer delicious food and drinks at affordable prices.

Locust has an unemployment rate of 6.6%. The US average is 6.0%.

Locust has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Locust
- The Sales Tax Rate for Locust is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Locust is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Locust
- The average income of a Locust resident is $27,922 a year. The US average is $28,555 a year.
- The Median household income of a Locust resident is $63,587 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLocust, PennsylvaniaUnited States
  6.66
  -4.0%-6.2%
  22.5%33.5%
  6.0%6.2%
  5.1%4.6%
  $30,396$37,638
  $63,587$69,021
  $73,646$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  8.3%6.8%
  12.7%10.0%
  3.0%2.5%
  6.4%11.0%
  3.7%4.8%
  2.2%0.8%
  0.3%1.9%
  5.3%4.7%
  0.4%1.9%
  6.7%7.6%
  1.8%0.1%
  1.0%4.2%
  10.1%9.3%
  15.4%14.0%
  2.7%2.1%
  3.4%7.0%
  6.7%4.8%
  5.2%4.7%
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