Wampum, PA Economy


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Wampum, Pennsylvania is a small town nestled in the hills of Beaver County. It has a population of under 2000 people and is known for its scenic beauty. The cost of living in Wampum is quite low, with two bedroom rental prices being $790 per month, which is significantly lower than the US average of $1430. In addition, the grocery cost index for Wampum is 97 compared to 100 in the US. This makes Wampum an affordable and attractive place to live. Local companies include B&D Pharmacy, Carrick Confectionery, and Miller's Hardware. All three are family-owned businesses that have been operating for a number of years and provide quality services to the local community.

Wampum has an unemployment rate of 9.3%. The US average is 6.0%.

Wampum has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Wampum
- The Sales Tax Rate for Wampum is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wampum 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 Wampum
- The average income of a Wampum resident is $20,442 a year. The US average is $28,555 a year.
- The Median household income of a Wampum resident is $50,682 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWampum, PennsylvaniaUnited States
  9.36
  -6.6%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $33,837$37,638
  $50,682$69,021
  $62,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.7%6.8%
  21.9%10.0%
  0.7%2.5%
  12.8%11.0%
  3.8%4.8%
  0.7%0.8%
  0.0%1.9%
  5.6%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  2.8%4.2%
  4.2%9.3%
  25.3%14.0%
  0.7%2.1%
  7.3%7.0%
  9.7%4.8%
  0.0%4.7%
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