Penns Creek, PA is a small rural town located in Snyder County in Central Pennsylvania. It has a population of around 350 people and is known for its bucolic landscapes and friendly, welcoming atmosphere. The cost of living in Penns Creek is quite low, with the average rent for a two bedroom apartment at $870 compared to the US national average of $1,430. Grocery costs are also much lower than the US index, making it an affordable place to live.
The local economy is mainly driven by agriculture and there are several family-owned farms that produce dairy products, vegetables, and other goods. Penns Creek is also home to Mifflinburg Bank & Trust which provides financial services to the community. Additionally, there are several small businesses such as restaurants, shops and services that all contribute to the local economy.
Penns Creek has an unemployment rate of 5.9%. The US average is 6.0%.
Penns Creek has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Penns Creek
- The Sales Tax Rate for Penns Creek is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Penns Creek 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 Penns Creek
- The average income of a Penns Creek resident is $17,333 a year. The US average is $28,555 a year.
- The Median household income of a Penns Creek resident is $47,212 a year. The US average is $69,021 a year.