The town of Bradford, PA (Zip Code 16701) is a small yet bustling community. The average two-bedroom rent in the area is $730, making it more affordable than many other cities across the US which have an average two-bedroom rent of $1,430. Furthermore, living expenses such as groceries are typically more cost effective here - with a grocery cost index of 95 versus 100 in the US.
Bradford is home to several prominent companies such as Zippo Manufacturing Company and RR Donnelley & Sons Co., which offer both employment opportunities for locals and services to the wider region. Additionally, numerous small businesses offer goods and services within Bradford's city limits - both catering to residents and visitors alike. These businesses contribute towards the local economy by creating jobs for citizens and helping boost tourism within the area.
Bradford (zip 16701) has an unemployment rate of 8.0%. The US average is 6.0%.
Bradford (zip 16701) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Bradford (zip 16701)
- The Sales Tax Rate for Bradford (zip 16701) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bradford (zip 16701) is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bradford (zip 16701)
- The average income of a Bradford (zip 16701) resident is $21,644 a year. The US average is $28,555 a year.
- The Median household income of a Bradford (zip 16701) resident is $51,725 a year. The US average is $69,021 a year.