Zip 16720 (Austin, PA) Economy


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United States / Pennsylvania / No Metro Area / Potter County / Austin / Austin (zip 16720)
Austin, PA 16720 is a small borough in Pennsylvania. It is home to many local businesses such as Austin Business of Steel, Braman Motors, and Cottage Hill Auto Repair. Rent for a two bedroom apartment in the Austin area is much lower than the US average at $840 compared to $1,430. Additionally, grocery costs are also cheaper with an index of 96 versus 100 for the United States. This affordable cost of living makes Austin an attractive place to live.

Austin (zip 16720) has an unemployment rate of 8.5%. The US average is 6.0%.

Austin (zip 16720) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.

Tax Rates for Austin (zip 16720)
- The Sales Tax Rate for Austin (zip 16720) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 16720) 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 Austin (zip 16720)
- The average income of a Austin (zip 16720) resident is $24,766 a year. The US average is $37,638 a year.
- The Median household income of a Austin (zip 16720) resident is $46,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAustin, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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