Centre County, Pennsylvania is a popular area to live for many reasons. It has an affordable cost of living, with two bedroom rents being $1,290 compared to the national average of $1,430. In addition to being cheaper to rent, it also has lower grocery costs with an index at 104 compared to 100 nationally. Centre County is home to many different companies such as State College Insurance Group and Pugh’s Tire and Automotive Service, allowing residents to find jobs close to where they live.The cost of living in Centre County makes it a great place for people who are looking for an affordable and convenient place to live.
Centre County has an unemployment rate of 4.9%. The US average is 6.0%.
Centre County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Centre County
- The Sales Tax Rate for Centre County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Centre County 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 Centre County
- The average income of a Centre County resident is $25,803 a year. The US average is $28,555 a year.
- The Median household income of a Centre County resident is $64,995 a year. The US average is $69,021 a year.