Zip 16066 (Fernway, PA) Economy


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16066 Fernway, PA is an excellent place to call home. It is an upscale and vibrant community that offers a variety of conveniences and amenities. The average two-bedroom rent in the area is $1,550, which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in 16066 Fernway is 107 compared to the national average of 100. There are plenty of local establishments such as G & L Market, Ella's Deli & Grocery Store, and David's Pizzeria for grocery shopping. Other businesses in the area include Jaxon’s Automotive, Barry's Home Solutions, and Penn State Bookstore. With so many options available near 16066 Fernway, it is easy to see why this attractive neighborhood continues to draw families looking for a great place to call home!

Fernway (zip 16066) has an unemployment rate of 4.5%. The US average is 6.0%.

Fernway (zip 16066) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Fernway (zip 16066)
- The Sales Tax Rate for Fernway (zip 16066) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fernway (zip 16066) 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 Fernway (zip 16066)
- The average income of a Fernway (zip 16066) resident is $56,158 a year. The US average is $37,638 a year.
- The Median household income of a Fernway (zip 16066) resident is $113,105 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFernway, PennsylvaniaUnited States
  4.56
  -7.0%-6.2%
  28.9%33.5%
  6.0%6.2%
  4.1%4.6%
  $56,158$37,638
  $113,105$69,021
  $133,581$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  4.7%6.8%
  9.7%10.0%
  4.1%2.5%
  10.5%11.0%
  4.3%4.8%
  1.9%0.8%
  1.5%1.9%
  8.9%4.7%
  1.7%1.9%
  13.5%7.6%
  0.0%0.1%
  3.3%4.2%
  9.8%9.3%
  13.9%14.0%
  1.9%2.1%
  4.3%7.0%
  3.4%4.8%
  1.7%4.7%
Reviews for Fernway
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Over 18 years ago

fast growing community with good resources, shopping, parks and  More

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