South New Castle, PA Economy


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South New Castle, PA is a great small city located in the state of Pennsylvania. It has a relatively low cost of living compared to other cities in the state, with 2 Bedroom Rent prices averaging around $840 per month, and Grocery Cost Index at 95 versus 100 in the US. South New Castle is home to several major companies such as AT&T, American Airlines, Boeing and Nestle USA. The city also has an abundance of local businesses that provide goods and services such as restaurants, shops and other family-owned businesses.

South New Castle has an unemployment rate of 9.3%. The US average is 6.0%.

South New Castle has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for South New Castle
- The Sales Tax Rate for South New Castle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South New Castle 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 South New Castle
- The average income of a South New Castle resident is $19,192 a year. The US average is $28,555 a year.
- The Median household income of a South New Castle resident is $60,132 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth New Castle, PennsylvaniaUnited States
  9.36
  -6.6%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $25,248$37,638
  $60,132$69,021
  $52,679$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.2%6.8%
  12.6%10.0%
  0.0%2.5%
  13.5%11.0%
  10.1%4.8%
  0.5%0.8%
  2.0%1.9%
  4.5%4.7%
  1.4%1.9%
  1.1%7.6%
  0.0%0.1%
  0.2%4.2%
  8.3%9.3%
  25.9%14.0%
  0.7%2.1%
  9.7%7.0%
  4.5%4.8%
  1.8%4.7%
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