Erie, PA (16503) is an affordable area to live in and rent a 2-bedroom apartment. The average rent for a 2 bedroom apartment in Erie is $870, significantly lower than the US average of $1,430. Additionally, grocery costs in Erie are less expensive than most areas with a Grocery Cost Index of 92 compared to the US average of 100. Not only can you find amazing deals on rent and groceries, but there are also many local businesses that provide excellent services and products. Companies such as Adecco Staffing USA, Home Instead Senior Care, and Hefren-Tillotson offer great job opportunities for those seeking employment while stores like Giant Eagle and CVS Pharmacy provide convenient shopping experiences.
Erie (zip 16503) has an unemployment rate of 10.7%. The US average is 6.0%.
Erie (zip 16503) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 14.2%, which is lower than the US average of 33.5%.
Tax Rates for Erie (zip 16503)
- The Sales Tax Rate for Erie (zip 16503) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Erie (zip 16503) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Erie (zip 16503)
- The average income of a Erie (zip 16503) resident is $15,490 a year. The US average is $37,638 a year.
- The Median household income of a Erie (zip 16503) resident is $27,060 a year. The US average is $69,021 a year.