Rainsburg, PA Economy


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United States / Pennsylvania / No Metro Area / Bedford County / Rainsburg / Zip Codes
Rainsburg, PA is a small town located in the state of Pennsylvania. It is known for its peaceful atmosphere and affordable cost of living. According to statistics, the rent for a 2-bedroom apartment in Rainsburg costs around $840 compared to the US average of $1,430. Additionally, groceries are also cheaper in Rainsburg with an index cost rating at 101 instead of the US rating of 100. \nThis affordability makes it attractive to young professionals looking to start their careers or families raising children. The town has a variety of local businesses including restaurants, clothing stores, and recreation centers. Residents can enjoy shopping locally at places like The Corner Store Clothing Boutique or eating at popular spots like Pizza Place or Chicano's Mexican Restaurant. Other than that, there are plenty of parks and recreational areas where people can have fun with their friends and family. Overall, Rainsburg provides a safe environment with low costs of living which is suitable for many different types of people seeking a peaceful place to call home.

Rainsburg has an unemployment rate of 7.2%. The US average is 6.0%.

Rainsburg has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Rainsburg
- The Sales Tax Rate for Rainsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rainsburg 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 Rainsburg
- The average income of a Rainsburg resident is $15,100 a year. The US average is $28,555 a year.
- The Median household income of a Rainsburg resident is $42,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRainsburg, PennsylvaniaUnited States
  7.26
  -5.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  4.6%4.6%
  $17,384$37,638
  $42,250$69,021
  $55,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.9%6.8%
  31.4%10.0%
  3.9%2.5%
  2.0%11.0%
  13.7%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  0.0%1.9%
  9.8%7.6%
  0.0%0.1%
  0.0%4.2%
  5.9%9.3%
  11.8%14.0%
  0.0%2.1%
  13.7%7.0%
  0.0%4.8%
  0.0%4.7%
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