Park Forest Village, PA Economy


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Park Forest Village, PA is a great place to live and work. The cost of living is lower than the US average, with two bedroom rent at $1,440 compared to the national average of $1,430 and a grocery cost index of 108 versus 100 in the US. It's also home to many successful businesses such as Park Forest Pharmacy, Park Forest Dental Care, and Park Forest Auto Repair. It's also conveniently located close to many shopping centers, restaurants, parks, schools, and public transportation services. Living in Park Forest Village puts you in the center of nature while still having access to all the amenities you need. Residents can take advantage of the excellent schools nearby or enjoy outdoor activities at the local parks. With both small-town charm and big city convenience this town is easy to call home.

Park Forest Village has an unemployment rate of 4.9%. The US average is 6.0%.

Park Forest Village 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 Park Forest Village
- The Sales Tax Rate for Park Forest Village is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Park Forest Village 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 Park Forest Village
- The average income of a Park Forest Village resident is $28,500 a year. The US average is $28,555 a year.
- The Median household income of a Park Forest Village resident is $69,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPark Forest Village, PennsylvaniaUnited States
  4.96
  -6.9%-6.2%
  27.3%33.5%
  6.0%6.2%
  3.1%4.6%
  $41,568$37,638
  $69,953$69,021
  $107,465$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.3%6.8%
  7.5%10.0%
  0.0%2.5%
  7.1%11.0%
  3.7%4.8%
  0.0%0.8%
  0.6%1.9%
  1.7%4.7%
  0.7%1.9%
  8.3%7.6%
  0.2%0.1%
  1.4%4.2%
  46.4%9.3%
  7.3%14.0%
  1.9%2.1%
  6.2%7.0%
  2.4%4.8%
  4.2%4.7%
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