Newville, PA Economy


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Newville, PA is a great place to live with many local businesses. It has an affordable cost of living compared to the US average, particularly in rent. According to the data given, a two bedroom rental in Newville is $1,140 while the US average is $1,430. Grocery costs are also lower than other places at 103 versus 100 in the US. Local companies like Newville Foods, Valley Health System, and Starbucks offer quality products or services at reasonable prices for residents of Newville. Whether you're looking for a place to call home or just seeking more value out of your money, you'll find it in Newville.

Newville has an unemployment rate of 5.1%. The US average is 6.0%.

Newville 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 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Newville
- The Sales Tax Rate for Newville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newville is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newville
- The average income of a Newville resident is $20,898 a year. The US average is $28,555 a year.
- The Median household income of a Newville resident is $47,143 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewville, PennsylvaniaUnited States
  5.16
  -5.0%-6.2%
  28.6%33.5%
  6.0%6.2%
  4.7%4.6%
  $23,437$37,638
  $47,143$69,021
  $53,250$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  4.0%6.8%
  7.2%10.0%
  2.8%2.5%
  17.7%11.0%
  23.6%4.8%
  0.0%0.8%
  1.3%1.9%
  2.1%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  4.1%4.2%
  4.6%9.3%
  14.6%14.0%
  0.6%2.1%
  8.4%7.0%
  1.6%4.8%
  3.4%4.7%
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