Zip 16148 (Hermitage, PA) Economy


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The 16148 Hermitage, PA area is a great place to live with a 2 bedroom rent of $920 which is much lower than the US average of $1,430. The Grocery Cost Index in this area is 98 compared to the US average of 100, making grocery shopping more affordable for residents. There are many companies in the 16148 Hermitage, PA area that offer low cost groceries such as Giant Eagle, Aldi, Walmart Supercenter and Wegmans Food Markets. Each store offers a wide selection of groceries at great prices so every resident can easily find what they need at an affordable price.

Hermitage (zip 16148) has an unemployment rate of 8.4%. The US average is 6.0%.

Hermitage (zip 16148) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Hermitage (zip 16148)
- The Sales Tax Rate for Hermitage (zip 16148) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hermitage (zip 16148) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hermitage (zip 16148)
- The average income of a Hermitage (zip 16148) resident is $29,050 a year. The US average is $28,555 a year.
- The Median household income of a Hermitage (zip 16148) resident is $57,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHermitage, PennsylvaniaUnited States
  8.46
  -6.9%-6.2%
  12.6%33.5%
  6.0%6.2%
  5.3%4.6%
  $36,345$37,638
  $57,107$69,021
  $78,814$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.7%6.8%
  15.7%10.0%
  1.5%2.5%
  12.3%11.0%
  3.3%4.8%
  1.0%0.8%
  0.7%1.9%
  4.6%4.7%
  1.4%1.9%
  5.6%7.6%
  0.0%0.1%
  2.0%4.2%
  10.4%9.3%
  22.1%14.0%
  1.2%2.1%
  6.5%7.0%
  4.1%4.8%
  4.0%4.7%
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