Lock Haven, PA Metro Area is a great place to live and work. The cost of living here is much lower than the U.S. average, with 2-bedroom rents being only $900 compared to the national average of $1,430. Additionally, grocery costs index at 100 in the area versus 100 in the US. Local companies in Lock Haven include Susquehanna Health System, Weis Markets, and Corning Incorporated. The area is also rich with educational opportunities from Lock Haven University and Pennsylvania College of Technology. Clearly, Lock Haven is an excellent choice for those looking to relocate or find a job in the area.
Lock Haven Metro Area has an unemployment rate of 7.8%. The US average is 6.0%.
Lock Haven Metro Area has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Lock Haven Metro Area
- The Sales Tax Rate for Lock Haven Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lock Haven Metro Area is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lock Haven Metro Area
- The average income of a Lock Haven Metro Area resident is $21,595 a year. The US average is $28,555 a year.
- The Median household income of a Lock Haven Metro Area resident is $53,792 a year. The US average is $69,021 a year.