Zip 16803 (State College, PA) Economy


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United States / Pennsylvania / State College Metro Area / Centre County / No City / State College (zip 16803)
Located in State College, Pennsylvania, 16803 is home to many local and well established companies. Some of these include Nittany Paper Company which provides paper products and services to the area as well as Harrisburg Label & Supply whose focus is on producing customized labels. For those looking for housing in the area, two bedroom rent is currently $1,400 compared to the US average of $1,430. The grocery cost index shows a slight advantage for 16803 at 108 compared to 100 in the US. With its access to great local businesses and excellent rental rates, State College is an ideal place to call home.

State College (zip 16803) has an unemployment rate of 4.9%. The US average is 6.0%.

State College (zip 16803) 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 27.3%, which is lower than the US average of 33.5%.

Tax Rates for State College (zip 16803)
- The Sales Tax Rate for State College (zip 16803) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for State College (zip 16803) is 4.5%. 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 16803)
- The average income of a State College (zip 16803) resident is $30,858 a year. The US average is $28,555 a year.
- The Median household income of a State College (zip 16803) resident is $65,241 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyState College, PennsylvaniaUnited States
  4.96
  -6.9%-6.2%
  27.3%33.5%
  6.0%6.2%
  4.5%4.6%
  $39,473$37,638
  $65,241$69,021
  $105,700$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  0.8%6.8%
  5.4%10.0%
  1.4%2.5%
  9.1%11.0%
  2.2%4.8%
  0.0%0.8%
  1.2%1.9%
  1.6%4.7%
  0.8%1.9%
  6.3%7.6%
  0.1%0.1%
  2.0%4.2%
  44.6%9.3%
  8.9%14.0%
  1.3%2.1%
  8.7%7.0%
  2.7%4.8%
  2.8%4.7%
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