18625 Lake Winola, PA is a small town located in the northeast of Pennsylvania. It has a population of just over 1,000 people and is known for its beautiful scenery and outdoor activities. The cost of living in 18625 Lake Winola is quite low compared to other parts of the country, with 2 bedroom rent costing only $870. Groceries also come at a discounted price since the Grocery Cost Index in this area is 101 versus 100 in the US.
There are a few local companies that contribute to the town's economy such as Lake Winola Marketplace and Donato Excavation LLC. The former provides local residents with groceries and fresh produce while the latter specializes in excavation services for customers throughout the region. These businesses are key contributors to keeping Lake Winola thriving economically by generating revenue from their respective industries.
Overall, 18625 Lake Winola offers an affordable lifestyle combined with great outdoor amenities. With relatively low costs of living and locally owned business, it shows potential for economic growth within its community while still maintaining its small-town charm.
Lake Winola (zip 18625) has an unemployment rate of 7.7%. The US average is 6.0%.
Lake Winola (zip 18625) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Lake Winola (zip 18625)
- The Sales Tax Rate for Lake Winola (zip 18625) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Winola (zip 18625) is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lake Winola (zip 18625)
- The average income of a Lake Winola (zip 18625) resident is $37,738 a year. The US average is $37,638 a year.
- The Median household income of a Lake Winola (zip 18625) resident is $62,083 a year. The US average is $69,021 a year.