Springfield township (Fayette County), PA Economy


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United States / Pennsylvania / Pittsburgh Metro Area / Fayette County / Springfield township (Fayette County) / Zip Codes
Springfield Township (Fayette Cnty), PA is a small community that offers its residents an affordable cost of living. The average 2 bedroom rent in this area is only $900 compared to the US average of $1,430. In addition, the Grocery Cost Index in Springfield township (Fayette Cnty), PA is 98 versus 100 in the US. There are many local businesses located here such as Walmart, Giant Eagle, and Lowes. Residents can also enjoy popular restaurants like McDonald’s and Olive Garden. With its affordability and many local amenities, Springfield Township (Fayette Cnty) is a great place to live.

Springfield township (Fayette County) has an unemployment rate of 10.2%. The US average is 6.0%.

Springfield township (Fayette County) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Springfield township (Fayette County)
- The Sales Tax Rate for Springfield township (Fayette County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield township (Fayette 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 Springfield township (Fayette County)
- The average income of a Springfield township (Fayette County) resident is $18,628 a year. The US average is $28,555 a year.
- The Median household income of a Springfield township (Fayette County) resident is $34,405 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield township (Fayette County), PennsylvaniaUnited States
  10.26
  -7.0%-6.2%
  21.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $23,784$37,638
  $34,405$69,021
  $48,611$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.1%6.8%
  26.2%10.0%
  2.0%2.5%
  8.9%11.0%
  7.9%4.8%
  0.0%0.8%
  2.2%1.9%
  1.8%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  2.0%4.2%
  9.1%9.3%
  16.7%14.0%
  3.2%2.1%
  10.1%7.0%
  1.9%4.8%
  0.0%4.7%
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