Terry, PA is a small city located in the northwestern part of the state known for its rural charm. The cost of living is low, with a two-bedroom rent of $900 compared to $1,430 for the US average. Additionally, grocery costs are also lower at an index score of 102 versus 100 in the US. This makes Terry a great place for young professionals and families looking to save money without sacrificing quality of life. There are several local companies that contribute to the city's economy, such as Easley Automotive and Terry Auto Sales Inc., which specialize in automotive services and sales. Additionally, there is J&J Extermination Services, which provides pest control services throughout the area. Terry also offers plenty of amenities to enjoy including parks such as Lions Park and Clingan Park where visitors can spend time outdoors or take part in local events like the annual Pumpkin Festival held every September.
Terry has an unemployment rate of 6.4%. The US average is 6.0%.
Terry has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Terry
- The Sales Tax Rate for Terry is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Terry is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Terry
- The average income of a Terry resident is $26,321 a year. The US average is $28,555 a year.
- The Median household income of a Terry resident is $58,864 a year. The US average is $69,021 a year.