Oakland Township (Venango County), PA is a small rural community with a population of approximately 1490 people. It is an ideal place for families or individuals looking for an affordable and peaceful lifestyle. The average 2 bedroom rent in Oakland township is much lower than the national average, at only $780 per month compared to $1,430 across the US. This combined with the relatively low grocery cost index of 95 versus 100 in the US makes it an even more attractive spot for those on a budget to live.
The township has several local businesses that make up its economy ranging from family owned restaurants like San Franchesco's Pizza, Italian restaurant Stella's Ristorante, and diner Don's Diner to a number of small retailers like Tim's Tackle Sports Store and Linda’s Floral Shop. There are also larger employers such as Big River Steel and Prime Engineering located nearby. Oakland Township offers many advantages for residents including affordable housing costs and several local businesses to shop at and work at.
Oakland township (Venango County) has an unemployment rate of 8.1%. The US average is 6.0%.
Oakland township (Venango County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.
Tax Rates for Oakland township (Venango County)
- The Sales Tax Rate for Oakland township (Venango County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oakland township (Venango County) 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 Oakland township (Venango County)
- The average income of a Oakland township (Venango County) resident is $28,736 a year. The US average is $28,555 a year.
- The Median household income of a Oakland township (Venango County) resident is $66,389 a year. The US average is $69,021 a year.