Somerset County, PA Economy


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United States / Pennsylvania / / Somerset County / Cities / Zip Codes
Somerset County, Pennsylvania is a great place to live. The county has a low cost of living, with average two bedroom rent being only $820 compared to the higher US rate of $1,430. Also, grocery costs are cheaper than average here, with an index of 97 versus 100 in the US.
The county features many local businesses such as Schrock's Market for groceries and clothing stores like Yoder’s Department Store. There are plenty of recreational activities to do in Somerset County including visiting the Flight 93 National Memorial, touring the Quecreek Mine Rescue Site or taking part in outdoor activities at Laurel Hill State Park.

Somerset County has an unemployment rate of 7.9%. The US average is 6.0%.

Somerset County has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Somerset County
- The Sales Tax Rate for Somerset County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Somerset 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 Somerset County
- The average income of a Somerset County resident is $28,330 a year. The US average is $37,638 a year.
- The Median household income of a Somerset County resident is $54,332 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySomerset, PennsylvaniaUnited States
  7.96
  -6.7%-6.2%
  17.3%33.5%
  6.0%6.2%
  3.1%4.6%
  $28,330$37,638
  $54,332$69,021
  $69,036$85,028
  Population by Occupation
  2.5%1.2%
  1.9%0.5%
  7.3%6.8%
  14.7%10.0%
  2.5%2.5%
  11.0%11.0%
  5.2%4.8%
  0.9%0.8%
  1.0%1.9%
  3.2%4.7%
  1.1%1.9%
  5.0%7.6%
  0.1%0.1%
  2.7%4.2%
  5.7%9.3%
  15.6%14.0%
  1.4%2.1%
  7.2%7.0%
  5.7%4.8%
  5.4%4.7%
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