Pine township (Lycoming County), PA Economy


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Pine Township (Lycoming Cnty), PA is an idyllic small township nestled in the Heart of Pennsylvania. The township provides attractive housing at a fraction of the cost of other US cities, with a two-bedroom rent costing only $930 compared to $1,430 in the US. Additionally, grocery costs are also relatively low with an index of 102 compared to 100 nationally. The area is home to interesting local companies such as Lycoming Motors and Penn College of Technology. Pine Township also has many fun events and activities for its residents including the exciting Christmas Valley Festival which includes food vendors, music performances and fireworks displays.

Pine township (Lycoming County) has an unemployment rate of 7.8%. The US average is 6.0%.

Pine township (Lycoming County) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.

Tax Rates for Pine township (Lycoming County)
- The Sales Tax Rate for Pine township (Lycoming County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pine township (Lycoming County) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Pine township (Lycoming County)
- The average income of a Pine township (Lycoming County) resident is $45,506 a year. The US average is $37,638 a year.
- The Median household income of a Pine township (Lycoming County) resident is $78,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPine township (Lycoming County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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