Elk County, PA Economy


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United States / Pennsylvania / No Metro Area / Elk County / Cities / Zip Codes
Elk, PA County is a great place to live. With an average two bedroom rent of $820 and a grocery cost index of 97, it is one of the most affordable areas in the country. Not only that, but there are also plenty of job opportunities in the area. Major companies such as EnerSys, ACEX, and Nucor Steel have offices in Elk, PA County, creating a wide range of employment opportunities for residents. There is also an array of local businesses such as cafes, restaurants and shops that provide goods and services to the community. All things considered, Elk PA County has something for everyone!

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

Elk County 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 Elk County
- The Sales Tax Rate for Elk County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elk 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 Elk County
- The average income of a Elk County resident is $24,071 a year. The US average is $28,555 a year.
- The Median household income of a Elk County resident is $57,551 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElk, PennsylvaniaUnited States
  7.76
  -10.5%-6.2%
  18.7%33.5%
  6.0%6.2%
  3.1%4.6%
  $31,439$37,638
  $57,551$69,021
  $74,396$85,028
  Population by Occupation
  0.7%1.2%
  0.4%0.5%
  5.3%6.8%
  36.9%10.0%
  2.1%2.5%
  10.6%11.0%
  3.2%4.8%
  0.8%0.8%
  1.2%1.9%
  2.0%4.7%
  0.7%1.9%
  1.9%7.6%
  0.3%0.1%
  2.4%4.2%
  4.7%9.3%
  17.2%14.0%
  0.7%2.1%
  2.6%7.0%
  3.6%4.8%
  2.7%4.7%
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