Riceville, PA Economy


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Riceville, PA is a small town located in the Allegheny Mountains. It is known for its picturesque views and tranquil atmosphere, making it an ideal destination for those looking to enjoy a peaceful vacation. The cost of living in Riceville is quite low, with 2 bedroom rent at only $810 and grocery costs indexed at 94 compared to the US average of 100. In addition to its low cost of living, Riceville also has a variety of local businesses including Riverstone Brewery, Riceville Farmers Market, and Jones Automotive. These businesses provide residents with all the necessary amenities needed to make Riceville a great place to live.

Riceville has an unemployment rate of 7.9%. The US average is 6.0%.

Riceville has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Riceville
- The Sales Tax Rate for Riceville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Riceville 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 Riceville
- The average income of a Riceville resident is $14,792 a year. The US average is $28,555 a year.
- The Median household income of a Riceville resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiceville, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  3.1%4.6%
  $29,900$37,638
  $73,750$69,021
  $56,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  11.6%10.0%
  0.0%2.5%
  37.2%11.0%
  14.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.3%9.3%
  16.3%14.0%
  0.0%2.1%
  9.3%7.0%
  0.0%4.8%
  0.0%4.7%
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