Bellefonte, Pennsylvania is a small borough located in the state’s Centre County. It has a population of about 6,200 people and is known for its quaint downtown area with numerous local businesses and restaurants. The average two-bedroom rent in Bellefonte is $1,130, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index for Bellefonte is 104 compared to 100 in the US; this indicates that groceries are slightly more expensive than the national average.
When it comes to businesses in Bellefonte there are plenty of local options such as Fuller’s Plumbing & Heating Inc., East Coast Gem Cutters and Designers, and Zettlemoyer Auction Company. As far as restaurants go, notable spots include Big Bowl Chinese Express and Talleyrand Park Café. Education opportunities abound with Penn State University nearby and many other schools such as Central Pennsylvania Digital Learning Foundation and Bellefonte Area High School being available within city limits. All these great things make Bellefonte an affordable place to live with plenty of amenities for people looking to settle down here.
Bellefonte (zip 16823) has an unemployment rate of 4.9%. The US average is 6.0%.
Bellefonte (zip 16823) has seen the job market decrease by -6.9% 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 Bellefonte (zip 16823)
- The Sales Tax Rate for Bellefonte (zip 16823) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bellefonte (zip 16823) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bellefonte (zip 16823)
- The average income of a Bellefonte (zip 16823) resident is $33,082 a year. The US average is $37,638 a year.
- The Median household income of a Bellefonte (zip 16823) resident is $68,527 a year. The US average is $69,021 a year.