Nelson, PA Economy


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United States / Pennsylvania / No Metro Area / Tioga County / Nelson / Zip Codes
Nelson, PA is an attractive place to live for those seeking a quieter lifestyle outside of the hustle and bustle of larger cities. The cost of living is relatively low when compared to the US average, with 2 bedroom rent prices coming in at $880 and groceries costing just 98% of the US index. Nelson offers plenty for residents to do and explore. There are plenty of local companies to support, such as Nelson Lumber Company, Graff Home Services LLC, and Nelson Animal Hospital. Other attractions include Kernsville Dam, Hawk Mountain Sanctuary, and Ontelaunee Park & Lake.

Nelson has an unemployment rate of 7.9%. The US average is 6.0%.

Nelson has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 13.5%, which is lower than the US average of 33.5%.

Tax Rates for Nelson
- The Sales Tax Rate for Nelson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nelson is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nelson
- The average income of a Nelson resident is $16,562 a year. The US average is $28,555 a year.
- The Median household income of a Nelson resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNelson, PennsylvaniaUnited States
  7.96
  -4.9%-6.2%
  13.5%33.5%
  6.0%6.2%
  4.8%4.6%
  $27,133$37,638
  $55,000$69,021
  $66,250$85,028
  Population by Occupation
  5.1%1.2%
  1.0%0.5%
  9.1%6.8%
  11.7%10.0%
  5.1%2.5%
  1.0%11.0%
  5.1%4.8%
  8.6%0.8%
  0.0%1.9%
  3.6%4.7%
  1.0%1.9%
  3.0%7.6%
  0.0%0.1%
  6.6%4.2%
  11.2%9.3%
  23.9%14.0%
  0.0%2.1%
  2.0%7.0%
  1.0%4.8%
  1.0%4.7%
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