Preston, PA Economy


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United States / Pennsylvania / No Metro Area / Wayne County / Preston / Zip Codes
Preston, PA is a small town located in the south of Pennsylvania. The town has an affordable cost of living with 2 bedroom rent at $950 compared to the US average at $1,430 and a grocery cost index of 102 compared to the US average of 100. Preston is home to some great local businesses such as Paxton's Automotive Service, Preston Lumber Company and Henry's Electrical Supply. Each company offers a variety of goods and services that have been keeping Preston residents happy for many years.

Preston has an unemployment rate of 8.3%. The US average is 6.0%.

Preston has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Preston
- The Sales Tax Rate for Preston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Preston 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 Preston
- The average income of a Preston resident is $26,188 a year. The US average is $28,555 a year.
- The Median household income of a Preston resident is $57,569 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPreston, PennsylvaniaUnited States
  8.36
  -6.3%-6.2%
  29.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $34,186$37,638
  $57,569$69,021
  $79,167$85,028
  Population by Occupation
  8.6%1.2%
  0.0%0.5%
  10.4%6.8%
  12.2%10.0%
  1.0%2.5%
  12.8%11.0%
  4.7%4.8%
  0.8%0.8%
  0.0%1.9%
  2.6%4.7%
  0.0%1.9%
  5.2%7.6%
  0.0%0.1%
  2.9%4.2%
  14.6%9.3%
  12.0%14.0%
  0.0%2.1%
  4.4%7.0%
  5.2%4.8%
  2.6%4.7%
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