Wilcox, PA Economy


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United States / Pennsylvania / No Metro Area / Elk County / Wilcox / Zip Codes
Wilcox, PA is a small town with plenty to offer. It's home to some great local businesses such as Wilcox Hardware, Wilcox Bakery, and Wilcox Pharmacy. The cost of living in Wilcox is relatively low compared to the US - 2 bedroom rent is just $730 while the national average is $1,430. Grocery costs are also lower than most places, with an index of 97 compared to 100 in the US. All in all, it makes for a great place to live for those looking for value for their money.

Wilcox has an unemployment rate of 7.7%. The US average is 6.0%.

Wilcox has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.

Tax Rates for Wilcox
- The Sales Tax Rate for Wilcox is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wilcox 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 Wilcox
- The average income of a Wilcox resident is $18,965 a year. The US average is $28,555 a year.
- The Median household income of a Wilcox resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilcox, PennsylvaniaUnited States
  7.76
  -10.5%-6.2%
  18.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $18,898$37,638
  $46,875$69,021
  $49,625$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  10.4%6.8%
  49.7%10.0%
  0.0%2.5%
  1.6%11.0%
  0.0%4.8%
  0.0%0.8%
  2.1%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  11.4%9.3%
  16.6%14.0%
  0.0%2.1%
  5.2%7.0%
  1.6%4.8%
  0.0%4.7%
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