Zip 16801 (State College, PA) Economy


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16801 State College, PA is a great place to live with its affordable 2 bedroom rent of $1,370 compared to the national average of $1,430. It also has a great grocery cost index of 109 versus 100 in the US. The city offers many job opportunities with local companies such as Penn State University, AccuWeather, and Insight Global that are located within the area. As for the population, 16801 State College is home to about 42,034 individuals that come together to create a strong community.

State College (zip 16801) has an unemployment rate of 4.0%. The US average is 6.0%.

State College (zip 16801) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for State College (zip 16801)
- The Sales Tax Rate for State College (zip 16801) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for State College (zip 16801) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for State College (zip 16801)
- The average income of a State College (zip 16801) resident is $26,042 a year. The US average is $28,555 a year.
- The Median household income of a State College (zip 16801) resident is $54,755 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyState College, PennsylvaniaUnited States
  46
  -6.9%-6.2%
  24.2%33.5%
  6.0%6.2%
  5.3%4.6%
  $35,004$37,638
  $54,755$69,021
  $113,793$85,028
  Population by Occupation
  0.3%1.2%
  0.2%0.5%
  1.8%6.8%
  5.9%10.0%
  1.1%2.5%
  9.7%11.0%
  1.4%4.8%
  0.2%0.8%
  1.7%1.9%
  4.2%4.7%
  1.4%1.9%
  8.1%7.6%
  0.0%0.1%
  2.8%4.2%
  34.6%9.3%
  8.7%14.0%
  3.0%2.1%
  10.6%7.0%
  2.6%4.8%
  1.6%4.7%
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