Zip 16843 (Hyde, PA) Economy


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Located in the town of Hyde, PA, 16843 is a great place to live with a reasonable cost of living. The average 2 bedroom rent in Hyde is $720, which is about half the national average of $1,430. Additionally, Hyde’s grocery cost index is 94 when compared to the US cost index of 100. This makes it an affordable place to live while still having access to local amenities and resources. In terms of companies in the area, there are plenty to choose from such as Zingle Plumbing Services Inc., Penn Valley Auto Parts, Merz Farm Equipment Sales & Service Inc., and Elkhorn Construction LLC. Each offers quality services that residents have come to depend upon in the community.

Hyde (zip 16843) has an unemployment rate of 8.0%. The US average is 6.0%.

Hyde (zip 16843) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Hyde (zip 16843)
- The Sales Tax Rate for Hyde (zip 16843) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hyde (zip 16843) 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 Hyde (zip 16843)
- The average income of a Hyde (zip 16843) resident is $21,166 a year. The US average is $37,638 a year.
- The Median household income of a Hyde (zip 16843) resident is $34,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHyde, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $21,166$37,638
  $34,464$69,021
  $55,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.6%6.8%
  15.9%10.0%
  3.3%2.5%
  0.0%11.0%
  25.9%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  11.3%14.0%
  0.0%2.1%
  10.9%7.0%
  0.0%4.8%
  14.2%4.7%
Health