Petrolia, PA Economy


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Petrolia, PA is an attractive place to live for many people due to the affordable prices of rent and groceries. The average two-bedroom rent in Petrolia is only $970 while the national average for two bedrooms is $1,430. Moreover, the Grocery Cost Index in Petrolia is 98 compared to the US index at 100. These factors make Petrolia a great place for those looking to save money.
The town of Petrolia offers a variety of amenities including local businesses such as American Legion Post 472, Full Line Auto Parts, and Oak Leaf Landscaping & Lawncare Co. There are also many restaurants like The Bisbiglia’s Italian Bakery & Deli, Burger King, and Grilled Cheese Heaven that offer an array of delicious food options. For outdoor recreation, visitors can enjoy activities like golfing at Pheasant Ridge Golf Center or fishing at Trout Run Park where there are lots of fish species available for catching. Other nearby attractions include Cooper's Lake Campground which has camping facilities as well as several recreational activities such as swimming or kayaking on the lake. Petrolia also has a great library system making it easy for residents to access books and other resources right in their own town.

Petrolia has an unemployment rate of 6.4%. The US average is 6.0%.

Petrolia has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.

Tax Rates for Petrolia
- The Sales Tax Rate for Petrolia is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Petrolia 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 Petrolia
- The average income of a Petrolia resident is $17,043 a year. The US average is $28,555 a year.
- The Median household income of a Petrolia resident is $47,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPetrolia, PennsylvaniaUnited States
  6.46
  -7.0%-6.2%
  25.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $28,235$37,638
  $47,917$69,021
  $59,750$85,028
  Population by Occupation
  0.0%1.2%
  1.2%0.5%
  2.4%6.8%
  14.5%10.0%
  0.0%2.5%
  4.8%11.0%
  19.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.2%7.6%
  0.0%0.1%
  7.2%4.2%
  1.2%9.3%
  31.3%14.0%
  0.0%2.1%
  7.2%7.0%
  1.2%4.8%
  2.4%4.7%
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