Pennville, PA Economy


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Pennville, PA is a small town located near the metropolitan area of Pennsylvania. It is a great location for those looking for a place to settle that offers the convenience of city life with the peace of country living. The rent in Pennville is relatively affordable compared to other cities, with two-bedroom apartments costing around $1,110 versus the national average at $1,430. The cost of living index is also lower than the U.S average at 105 versus 100 respectively. There are several local businesses in Pennville such as Grocery stores, banks, restaurants and bars that make this town an enjoyable tourist destination. Furthermore, there are many parks in and around the township which makes it an attractive place to live for families with children who enjoy outdoor activities like hiking and camping. With its close proximity to larger cities like Pittsburgh and Philadelphia, Pennville offers residents easy access to amenities without sacrificing their quality of life.

Pennville has an unemployment rate of 6.0%. The US average is 6.0%.

Pennville has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Pennville
- The Sales Tax Rate for Pennville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pennville 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 Pennville
- The average income of a Pennville resident is $27,583 a year. The US average is $28,555 a year.
- The Median household income of a Pennville resident is $72,132 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPennville, PennsylvaniaUnited States
  66
  -5.6%-6.2%
  27.6%33.5%
  6.0%6.2%
  3.1%4.6%
  $37,762$37,638
  $72,132$69,021
  $76,550$85,028
  Population by Occupation
  0.0%1.2%
  2.9%0.5%
  3.9%6.8%
  21.6%10.0%
  5.1%2.5%
  9.6%11.0%
  15.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  0.0%1.9%
  2.7%7.6%
  0.0%0.1%
  15.5%4.2%
  4.2%9.3%
  9.8%14.0%
  0.9%2.1%
  0.0%7.0%
  2.9%4.8%
  1.8%4.7%
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