Waverly, PA Economy


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Waverly, PA is a small town located in Northeastern Pennsylvania. It is home to many local businesses including Silvercreek Coffeehouse, Waverly Community House, and Furnace Hills Coffee Co. The cost of living in Waverly is lower than the national average, with 2 bedroom rent costing $1,150 compared to the US average of $1,430. Additionally, the grocery cost index for Waverly is 108 versus 100 nationally. This makes living in Waverly an affordable option for families and individuals looking for a peaceful community that offers plenty of outdoors activities and small-town charm.

Waverly has an unemployment rate of 8.1%. The US average is 6.0%.

Waverly has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Waverly
- The Sales Tax Rate for Waverly is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waverly is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Waverly
- The average income of a Waverly resident is $63,405 a year. The US average is $28,555 a year.
- The Median household income of a Waverly resident is $108,558 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaverly, PennsylvaniaUnited States
  8.16
  -6.1%-6.2%
  26.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $57,327$37,638
  $108,558$69,021
  $136,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  10.1%10.0%
  3.7%2.5%
  20.6%11.0%
  0.7%4.8%
  0.0%0.8%
  8.4%1.9%
  0.0%4.7%
  5.1%1.9%
  11.5%7.6%
  0.0%0.1%
  0.0%4.2%
  11.8%9.3%
  17.9%14.0%
  3.4%2.1%
  0.0%7.0%
  3.7%4.8%
  0.0%4.7%
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