Zip 15840 (Falls Creek, PA) Economy


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United States / Pennsylvania / No Metro Area / Jefferson County / Falls Creek / Falls Creek (zip 15840)
15840 Falls Creek, PA is a charming town located in the borough of Mill Creek, just south of Altoona. It is known for its beautiful rolling hills and friendly small-town atmosphere. The average rent for a 2 bedroom apartment in 15840 Falls Creek is $800, significantly lower than the US average of $1,430. The Grocery Cost Index in 15840 Falls Creek is also very affordable at 96 compared to 100 on the national level.
Some local businesses that call 15840 Falls Creek home include Falco's Pizza & Deli, Grandma's Kitchen Restaurant & Bar, and Boardwalk Cafe & Water Park. At Falco's you can find your favorite classic Italian dishes like pizza and calzones; Grandma's Kitchen offers delicious comfort food with homemade soups and desserts; while Boardwalk Cafe has great burgers and sandwiches right onsite at the water park making it an ideal spot for families to enjoy some time together. Whether you're looking for a nice restaurant or just want to go out and have some fun, there are plenty of options in 15840 Falls Creek!

Falls Creek (zip 15840) has an unemployment rate of 7.7%. The US average is 6.0%.

Falls Creek (zip 15840) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Falls Creek (zip 15840)
- The Sales Tax Rate for Falls Creek (zip 15840) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Falls Creek (zip 15840) 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 Falls Creek (zip 15840)
- The average income of a Falls Creek (zip 15840) resident is $20,575 a year. The US average is $28,555 a year.
- The Median household income of a Falls Creek (zip 15840) resident is $49,946 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFalls Creek, PennsylvaniaUnited States
  7.76
  -6.6%-6.2%
  20.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $28,228$37,638
  $49,946$69,021
  $60,500$85,028
  Population by Occupation
  1.2%1.2%
  2.5%0.5%
  7.8%6.8%
  15.3%10.0%
  1.4%2.5%
  11.8%11.0%
  5.6%4.8%
  0.0%0.8%
  2.7%1.9%
  1.1%4.7%
  1.1%1.9%
  1.6%7.6%
  0.2%0.1%
  1.1%4.2%
  7.5%9.3%
  23.8%14.0%
  0.0%2.1%
  5.9%7.0%
  5.6%4.8%
  3.8%4.7%
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