Zip 16731 (Eldred, PA) Economy


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16731 Eldred, PA is a vibrant community located in south-central Pennsylvania. The city is known for its local businesses, great schools, nearby parks and recreational activities. The 2 Bedroom rent in Eldred is very affordable at just $720 compared to the US average of $1430. Shopping is also less expensive here, with the Grocery Cost Index coming in at 95 versus 100 in the US. There are many local companies like JJ Mechanical Contracting, Inc., Bailey's Diner & Bar, and Bluegreen Construction who offer great services and products to residents. 16731 Eldred, PA is an excellent place to live that caters to both young professionals and families alike due to its affordability and amenities.

Eldred (zip 16731) has an unemployment rate of 8.0%. The US average is 6.0%.

Eldred (zip 16731) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.

Tax Rates for Eldred (zip 16731)
- The Sales Tax Rate for Eldred (zip 16731) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eldred (zip 16731) 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 Eldred (zip 16731)
- The average income of a Eldred (zip 16731) resident is $23,303 a year. The US average is $28,555 a year.
- The Median household income of a Eldred (zip 16731) resident is $54,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEldred, PennsylvaniaUnited States
  86
  -6.4%-6.2%
  14.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $30,431$37,638
  $54,813$69,021
  $71,655$85,028
  Population by Occupation
  0.4%1.2%
  1.4%0.5%
  8.5%6.8%
  22.1%10.0%
  1.0%2.5%
  12.5%11.0%
  5.8%4.8%
  0.0%0.8%
  3.4%1.9%
  3.4%4.7%
  1.1%1.9%
  1.7%7.6%
  0.0%0.1%
  1.3%4.2%
  11.3%9.3%
  14.8%14.0%
  0.3%2.1%
  3.8%7.0%
  4.2%4.8%
  2.8%4.7%
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