South Philipsburg, PA is a small town located in Centre County with a population of 2,683 according to the 2019 census. It offers a lower cost of living than the rest of the nation for those looking to rent a two-bedroom home; it averages at $1,110 compared to the national average of $1,430. The grocery cost index in South Philipsburg is also lower, at 99 compared to 100 for the US. This makes it an ideal place for those looking for cheaper living expenses without sacrificing quality living. The town is home to numerous local businesses such as Little Bear Lumber Co., Oakes Contracting and Renovations, and Deer Valley Farm Market.
South Philipsburg has an unemployment rate of 4.9%. The US average is 6.0%.
South Philipsburg has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for South Philipsburg
- The Sales Tax Rate for South Philipsburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Philipsburg 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 South Philipsburg
- The average income of a South Philipsburg resident is $25,735 a year. The US average is $28,555 a year.
- The Median household income of a South Philipsburg resident is $51,712 a year. The US average is $69,021 a year.