Zip 16117 (Ellwood City, PA) Economy


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Ellwood City, Pennsylvania is a small borough with an estimated population of 7,913 people. It offers affordable housing for those looking to live close to Pittsburgh without the high cost of living. The average 2 bedroom rent in Ellwood City is $900 per month, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Ellwood City is 97 compared to 100 in the US.
The town has plenty of local businesses to explore including Main Street Ice Cream & Desserts, Fox's Pizza Den and Papa J's Brick Oven Pizza. There are also several antique stores, art galleries and festivals throughout the year such as Fall Fest and Riverfest held at Ewing Park. Additionally, there are a variety of outdoor activities available such as fishing in Lake Arthur or hiking at McConnells Mill State Park. Ellwood City provides its residents with an enjoyable hometown atmosphere at an affordable price point.

Ellwood City (zip 16117) has an unemployment rate of 9.3%. The US average is 6.0%.

Ellwood City (zip 16117) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Ellwood City (zip 16117)
- The Sales Tax Rate for Ellwood City (zip 16117) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ellwood City (zip 16117) 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 Ellwood City (zip 16117)
- The average income of a Ellwood City (zip 16117) resident is $34,961 a year. The US average is $37,638 a year.
- The Median household income of a Ellwood City (zip 16117) resident is $61,669 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllwood City, 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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