Zip 16624 (Chest Springs, PA) Economy


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Chest Springs, PA is a small town located in Cambria County. Despite its small size, Chest Springs is an attractive location for those looking to rent an apartment or buy food. The average 2 bedroom rent in Chest Springs is $800, much less than the US average of $1,430. Additionally, the Grocery Cost Index here is 98 compared to 100 in the US. People looking for rental properties or groceries at a good price can find assistance from local businesses such as Chest Springs Rental Agency and Chest Springs Groceries Incorporated. These companies specialize in helping people get rental deals and save money on groceries respectively, so they can be a great resource for anyone who is looking for housing or food in this area.

Chest Springs (zip 16624) has an unemployment rate of 8.1%. The US average is 6.0%.

Chest Springs (zip 16624) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.

Tax Rates for Chest Springs (zip 16624)
- The Sales Tax Rate for Chest Springs (zip 16624) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chest Springs (zip 16624) 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 Chest Springs (zip 16624)
- The average income of a Chest Springs (zip 16624) resident is $23,522 a year. The US average is $28,555 a year.
- The Median household income of a Chest Springs (zip 16624) resident is $61,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChest Springs, PennsylvaniaUnited States
  8.16
  -7.2%-6.2%
  15.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $32,112$37,638
  $61,250$69,021
  $79,167$85,028
  Population by Occupation
  0.0%1.2%
  2.0%0.5%
  17.3%6.8%
  8.2%10.0%
  2.0%2.5%
  8.2%11.0%
  2.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.1%7.6%
  3.1%0.1%
  2.0%4.2%
  20.4%9.3%
  14.3%14.0%
  0.0%2.1%
  3.1%7.0%
  7.1%4.8%
  7.1%4.7%
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