Oakwood, PA is a small town located in central Pennsylvania. It is home to a variety of places and activities that make it an enjoyable place to live or visit. The cost of rent for a two-bedroom apartment in Oakwood is much lower than the national average at $860 versus $1,430. In addition, groceries are also more affordable with the local grocery cost index being 95 compared to 100 across the US.
The area boasts business establishments such as Charlie’s Italian Restaurant and Oakes Diner. David's Sporting Goods Outlet offers outdoor gear for all kinds of activities including hunting and fishing. The region has plenty of outdoor recreation activities including hiking on nearby trails such as Blackjack Mountain and ATV riding at Little Beaver State Park. BSA Outdoor Adventures offers fun events throughout the year like golfing, kayaking, stand up paddle boarding and archery lessons. There are also numerous attractions such as historic sites such as Mifflinburg Buggy Museum and Penns Cave & Wildlife Park where visitors can enjoy boat tours along underground rivers.
Oakwood has an unemployment rate of 9.3%. The US average is 6.0%.
Oakwood has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Oakwood
- The Sales Tax Rate for Oakwood is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oakwood 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 Oakwood
- The average income of a Oakwood resident is $23,398 a year. The US average is $28,555 a year.
- The Median household income of a Oakwood resident is $51,685 a year. The US average is $69,021 a year.