Stoneboro, PA Economy


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Stoneboro, PA is a small city located in western Pennsylvania. Despite its size, Stoneboro offers many amenities to those who live in and visit the area. There are a few local companies based in Stoneboro such as the Stoneboro Pharmacy, The Sweet Shop Bakery, and Yesteryear Motors. Those who choose to live in Stoneboro will enjoy the low cost of living in comparison to the US average; 2 bedroom rent is $830 versus $1,430 nationally and the grocery cost index is 98 versus 100 nationwide. With its charming atmosphere and lower cost of living, Stoneboro is an attractive option for those who want a tranquil home near larger cities like Pittsburgh.

Stoneboro has an unemployment rate of 8.4%. The US average is 6.0%.

Stoneboro has seen the job market decrease by -6.9% 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 Stoneboro
- The Sales Tax Rate for Stoneboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Stoneboro 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 Stoneboro
- The average income of a Stoneboro resident is $25,835 a year. The US average is $37,638 a year.
- The Median household income of a Stoneboro resident is $39,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStoneboro, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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