Raccoon, PA is a small city located in the western part of the state. It has a thriving economy with several local businesses to choose from. Companies like Raccoon Foods, Raccoon Steel, and Raccoon Manufacturing are some of the most well-known companies here. The cost of living in Raccoon is quite affordable when compared to other parts of the US. For instance, average 2 bedroom rent is $1,040 while it is $1,430 in other parts of the country. Similarly, grocery cost index in Raccoon is 99 versus 100 in the US. Therefore overall cost of living in Raccoon is lower than many other places which makes it a great place to live or visit.
Raccoon has an unemployment rate of 8.4%. The US average is 6.0%.
Raccoon 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 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Raccoon
- The Sales Tax Rate for Raccoon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Raccoon 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 Raccoon
- The average income of a Raccoon resident is $28,416 a year. The US average is $28,555 a year.
- The Median household income of a Raccoon resident is $77,560 a year. The US average is $69,021 a year.