Lower Tyrone, PA Economy


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Lower Tyrone, PA is a small town located in Pennsylvania with a unique atmosphere. Local businesses include establishments like the Tyrone Sports Bar & Grill, The Cottage Cafe, and the Corner Store. These businesses offer a variety of services and amenities for locals and visitors alike. Residents of Lower Tyrone benefit from affordable rents; two bedrooms are only $940 compared to the US average of $1,430. Residents also benefit from low grocery costs as well compared to other areas. With its charming atmosphere, local businesses, and affordable cost of living Lower Tyrone is an attractive community to live in.

Lower Tyrone has an unemployment rate of 10.2%. The US average is 6.0%.

Lower Tyrone 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 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Lower Tyrone
- The Sales Tax Rate for Lower Tyrone is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lower Tyrone 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 Lower Tyrone
- The average income of a Lower Tyrone resident is $21,749 a year. The US average is $28,555 a year.
- The Median household income of a Lower Tyrone resident is $74,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLower Tyrone, PennsylvaniaUnited States
  10.26
  -7.0%-6.2%
  21.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,704$37,638
  $74,583$69,021
  $90,139$85,028
  Population by Occupation
  4.5%1.2%
  4.5%0.5%
  6.9%6.8%
  15.2%10.0%
  3.8%2.5%
  9.9%11.0%
  6.0%4.8%
  2.3%0.8%
  0.9%1.9%
  1.1%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  0.9%4.2%
  8.4%9.3%
  18.9%14.0%
  0.6%2.1%
  3.4%7.0%
  6.4%4.8%
  2.6%4.7%
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