Troutville, PA is a small town located in south-central Pennsylvania. It has a population of around 1,500 people and is home to a variety of businesses including an auto repair shop, a hardware store, an antiques shop, and a restaurant. The cost of living in Troutville is significantly lower than the US average; for example the grocery cost index is 96 compared to 100 in the US. Additionally, rental prices are substantially lower with 2 bedroom rents averaging at $750 compared to $1,430 nationally. The low costs of living and affordable housing make Troutville an attractive destination for those looking for an inexpensive place to live.
Troutville has an unemployment rate of 8.0%. The US average is 6.0%.
Troutville has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Troutville
- The Sales Tax Rate for Troutville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Troutville 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 Troutville
- The average income of a Troutville resident is $23,847 a year. The US average is $28,555 a year.
- The Median household income of a Troutville resident is $66,250 a year. The US average is $69,021 a year.