Zip 15562 (Springs, PA) Economy


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15562 Springs, PA is a small suburban borough located in Lancaster County and is known for its warm and friendly atmosphere. The average 2 bedroom rent cost for this area is $820 which is significantly lower than the US rate of $1,430. The Grocery Cost Index in 15562 Springs, PA is 99, which is exactly the same as the US average. For those looking to save money in their grocery expenses it may be a great place to move to.
The local businesses in the 15562 Springs, PA area are mostly situated along Main Street and includes establishments such as Nancy’s Ice Creamery, Jones' Deli Market and Dairy Barn. There are also professional services such as Seitzinger Enterprises Inc., Bonney's CPA Firm, and Thomas Law Office for all your legal needs. All of these businesses cater towards the needs of the local community and provide excellent services at competitive prices.

Springs (zip 15562) has an unemployment rate of 7.9%. The US average is 6.0%.

Springs (zip 15562) has seen the job market decrease by -0.7% 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 Springs (zip 15562)
- The Sales Tax Rate for Springs (zip 15562) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springs (zip 15562) 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 Springs (zip 15562)
- The average income of a Springs (zip 15562) resident is $27,798 a year. The US average is $28,555 a year.
- The Median household income of a Springs (zip 15562) resident is $92,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySprings, PennsylvaniaUnited States
  7.96
  -6.7%-6.2%
  17.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $34,282$37,638
  $92,500$69,021
  $95,417$85,028
  Population by Occupation
  1.0%1.2%
  2.5%0.5%
  5.0%6.8%
  6.9%10.0%
  0.0%2.5%
  11.4%11.0%
  1.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  4.5%4.2%
  3.0%9.3%
  44.6%14.0%
  0.0%2.1%
  7.4%7.0%
  7.9%4.8%
  3.0%4.7%
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