Fayette, PA County is a great place to live and work. The cost of living is lower than the US average with a two bedroom rent of just $1,090 compared to the US rate of $1,430. Also, Grocery costs are considerably lower at 96 compared to the national average of 100. There are many local companies that contribute to the economy including Pentad Technologies, Advanced Technology Solutions Group, and Industrial Scientific Corporation. Residents also benefit from tax breaks and other financial incentives due to Fayette County's Zone Promise Program.
Fayette County has an unemployment rate of 10.2%. The US average is 6.0%.
Fayette County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Fayette County
- The Sales Tax Rate for Fayette County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayette 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 Fayette County
- The average income of a Fayette County resident is $21,319 a year. The US average is $28,555 a year.
- The Median household income of a Fayette County resident is $51,321 a year. The US average is $69,021 a year.