Zip 16319 (Cranberry, PA) Economy


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United States / Pennsylvania / Oil City Metro Area / Venango County / No City / Cranberry (zip 16319)
The Cranberry Township in Pennsylvania is a great choice for anyone looking to settle down and start a family. The 2 bedroom rent in Cranberry Township is $840 which is considerably lower than the US average of $1,430. This makes it an ideal location for those on a budget. Additionally, living expenses are lower in Cranberry as compared to national averages with grocery costs index at 98 versus 100 in the US. Not only does this make it affordable but also convenient due to the numerous local companies present such as Giant Eagle Grocery Store, Lowes Home Improvement Center, Walmart Supercenter and Home Depot Installation Services. All these businesses make living in Cranberry quite convenient while saving money on all your daily needs.

Cranberry (zip 16319) has an unemployment rate of 8.1%. The US average is 6.0%.

Cranberry (zip 16319) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.

Tax Rates for Cranberry (zip 16319)
- The Sales Tax Rate for Cranberry (zip 16319) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cranberry (zip 16319) 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 Cranberry (zip 16319)
- The average income of a Cranberry (zip 16319) resident is $23,700 a year. The US average is $28,555 a year.
- The Median household income of a Cranberry (zip 16319) resident is $60,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCranberry, PennsylvaniaUnited States
  8.16
  -5.8%-6.2%
  9.5%33.5%
  6.0%6.2%
  4.1%4.6%
  $30,244$37,638
  $60,000$69,021
  $76,875$85,028
  Population by Occupation
  0.0%1.2%
  5.5%0.5%
  5.9%6.8%
  16.5%10.0%
  0.0%2.5%
  20.7%11.0%
  6.1%4.8%
  0.0%0.8%
  3.9%1.9%
  1.2%4.7%
  6.1%1.9%
  2.6%7.6%
  0.0%0.1%
  2.2%4.2%
  5.5%9.3%
  8.9%14.0%
  0.6%2.1%
  0.4%7.0%
  11.0%4.8%
  3.0%4.7%
Health