Wetmore, PA Economy


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Wetmore, PA is a small town located in Pennsylvania. It is home to many local businesses, such as the Wetmore General Store, Wells Lumber Company, and Wetmore Fireworks. The cost of living in the area is relatively low compared to the rest of the country; the median two bedroom rent is $720 which is half of the national average. Additionally, according to a grocery cost index compiled by Numbeo, groceries are 6% cheaper than the national average. Overall, residents enjoy an affordable lifestyle in this quaint town.

Wetmore has an unemployment rate of 8.0%. The US average is 6.0%.

Wetmore has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.

Tax Rates for Wetmore
- The Sales Tax Rate for Wetmore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wetmore is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wetmore
- The average income of a Wetmore resident is $34,227 a year. The US average is $37,638 a year.
- The Median household income of a Wetmore resident is $73,350 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWetmore, 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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