Redbank township (Clarion County), PA Economy


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United States / Pennsylvania / No Metro Area / Clarion County / Redbank township (Clarion County) / Zip Codes
Redbank Township (Clarion County), PA is a small township located in Pennsylvania in the United States. It is known for its affordable housing options and low cost of living. Rent for a two-bedroom apartment is only $910, which is significantly lower than the US average of $1,430 per month. Grocery costs are also comparatively cheaper with an index score of 97 compared to the national average of 100 - indicating that groceries here are about 3% cheaper than the national average.
Redbank Township is home to several local businesses such as Valley Motorsports, Clarion Valley Nurseries, and Carrot Top Café. These establishments provide services to local residents and visitors alike while supporting the local economy. There are also plenty of outdoor activities available such as hiking trails at Cook Forest State Park and fishing along Clarion River. All these features make Redbank Township an attractive option for those looking for an affordable yet exciting place to live or visit.

Redbank township (Clarion County) has an unemployment rate of 7.2%. The US average is 6.0%.

Redbank township (Clarion County) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Redbank township (Clarion County)
- The Sales Tax Rate for Redbank township (Clarion County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Redbank township (Clarion County) 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 Redbank township (Clarion County)
- The average income of a Redbank township (Clarion County) resident is $19,807 a year. The US average is $28,555 a year.
- The Median household income of a Redbank township (Clarion County) resident is $54,778 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedbank township (Clarion County), PennsylvaniaUnited States
  7.26
  -4.7%-6.2%
  17.5%33.5%
  6.0%6.2%
  4.1%4.6%
  $26,499$37,638
  $54,778$69,021
  $61,161$85,028
  Population by Occupation
  2.6%1.2%
  5.0%0.5%
  16.8%6.8%
  17.0%10.0%
  2.0%2.5%
  8.6%11.0%
  6.4%4.8%
  1.4%0.8%
  0.0%1.9%
  3.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.4%4.2%
  6.2%9.3%
  15.6%14.0%
  1.2%2.1%
  7.0%7.0%
  4.2%4.8%
  1.0%4.7%
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