Nittany, PA is a small town located in the Centre Region of Pennsylvania. It offers a tranquil atmosphere for those seeking to live in a rural setting. The cost of living in Nittany is quite low with 2 bedroom rent averaging $1,120 compared to the US at $1,430. Additionally, the grocery cost index in Nittany is 103 whereas it is only 100 nationwide. There are many local businesses to take advantage of such as Nittany Valley Coffee Roasters and Richman's Ice Cream as well as various job opportunities including being a tour guide at Stonehenge Golf Club or working at the Penn State University Medical Center. Overall, Nittany provides an affordable and peaceful way of life.
Nittany has an unemployment rate of 4.9%. The US average is 6.0%.
Nittany has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Nittany
- The Sales Tax Rate for Nittany is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nittany 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 Nittany
- The average income of a Nittany resident is $22,197 a year. The US average is $28,555 a year.
- The Median household income of a Nittany resident is $64,609 a year. The US average is $69,021 a year.