Erie, Pennsylvania (16507) is known for its scenic lakefront views and its excellent selection of restaurants. The cost of living in Erie is lower than the national average, with 2 bedroom rent around $960 compared to $1,430 nationally. Grocery costs are also lower here, with a grocery cost index of 93 versus 100 in the US. This makes it an ideal location for those looking for a comfortable place to live without breaking the bank. Locally owned businesses like Al's Bar & Grill and Oehlers Deli serve up delicious meals while providing quality services to residents and visitors alike. All in all, Erie provides an affordable yet enjoyable atmosphere that appeals to many people.
Erie (zip 16507) has an unemployment rate of 10.7%. The US average is 6.0%.
Erie (zip 16507) has seen the job market decrease by -0.5% 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 16507)
- The Sales Tax Rate for Erie (zip 16507) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Erie (zip 16507) 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 16507)
- The average income of a Erie (zip 16507) resident is $17,058 a year. The US average is $28,555 a year.
- The Median household income of a Erie (zip 16507) resident is $33,401 a year. The US average is $69,021 a year.