New Columbia, PA Economy


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New Columbia, PA is an attractive place to live with a cost of living that is lower than the national average. The two bedroom rent in New Columbia is about $860 per month compared to $1,430 in the United States. Grocery costs are also relatively low in New Columbia with an index of 101 versus 100 in the US. There are many local businesses to choose from such as M&T Bank, New Columbia Auto Parts, and The Pizza Place. All in all, New Columbia offers affordable housing and groceries for its residents making it a great place to call home.

New Columbia has an unemployment rate of 5.2%. The US average is 6.0%.

New Columbia has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for New Columbia
- The Sales Tax Rate for New Columbia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Columbia is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Columbia
- The average income of a New Columbia resident is $25,019 a year. The US average is $28,555 a year.
- The Median household income of a New Columbia resident is $60,850 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Columbia, PennsylvaniaUnited States
  5.26
  -5.8%-6.2%
  31.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $27,393$37,638
  $60,850$69,021
  $62,269$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  22.1%10.0%
  0.0%2.5%
  1.5%11.0%
  0.0%4.8%
  1.8%0.8%
  0.0%1.9%
  2.8%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  27.7%14.0%
  0.0%2.1%
  23.6%7.0%
  6.6%4.8%
  0.0%4.7%
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