Shelocta, PA Economy


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Shelocta, PA is an excellent small town to live in due to its affordability and convenience. The average 2 bedroom rent is $800 per month compared to the US average of $1,430. Additionally, the grocery cost index in Shelocta is 99 versus 100 in the US which allows residents to save some money on their groceries.
The town offers a variety of businesses that cater to all types of needs. Local companies include Shelocta Market for groceries, B & H Builders for construction services, and Valley Pharmacy for medical supplies. In addition to these important businesses, there are also numerous restaurants and cafes that provide delicious meals and great atmosphere.
Living in Shelocta has many advantages such as lower rent costs, cheaper groceries, and several local businesses. Residents also benefit from the small-town vibe with friendly people who are always willing to help out when needed. The area boasts beautiful natural surroundings which attract many outdoor recreational activities like camping and kayaking. All these benefits make Shelocta an attractive place for anyone looking for a peaceful place to call home.

Shelocta has an unemployment rate of 7.7%. The US average is 6.0%.

Shelocta has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.

Tax Rates for Shelocta
- The Sales Tax Rate for Shelocta is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shelocta is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelocta
- The average income of a Shelocta resident is $17,772 a year. The US average is $28,555 a year.
- The Median household income of a Shelocta resident is $40,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelocta, PennsylvaniaUnited States
  7.76
  -7.7%-6.2%
  9.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $37,425$37,638
  $40,500$69,021
  $42,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  22.2%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.6%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  0.0%4.2%
  27.8%9.3%
  0.0%14.0%
  0.0%2.1%
  27.8%7.0%
  0.0%4.8%
  11.1%4.7%
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