Zip 16659 (Loysburg, PA) Economy


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United States / Pennsylvania / No Metro Area / Bedford County / No City / Loysburg (zip 16659)
16659 Loysburg, PA is a small town located in Bedford County, Pennsylvania. It has an estimated population of 1,080 people and is home to several small businesses. The 2 bedroom rent in the area is $820 which is significantly lower than the national average of $1,430. Additionally, grocery costs in 16659 Loysburg are reasonably priced with a Grocery Cost Index of 98 compared to the US index at 100. There are several local businesses that offer affordable prices on goods and services such as Grinder's Restaurant which offers reasonably priced food items and Parsonz Country Store which provides a variety of quality products from hardware supplies to clothing items.

Loysburg (zip 16659) has an unemployment rate of 7.2%. The US average is 6.0%.

Loysburg (zip 16659) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Loysburg (zip 16659)
- The Sales Tax Rate for Loysburg (zip 16659) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Loysburg (zip 16659) 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 Loysburg (zip 16659)
- The average income of a Loysburg (zip 16659) resident is $22,703 a year. The US average is $28,555 a year.
- The Median household income of a Loysburg (zip 16659) resident is $24,205 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoysburg, PennsylvaniaUnited States
  7.26
  -5.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $18,506$37,638
  $24,205$69,021
  $53,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  1.3%10.0%
  0.0%2.5%
  10.7%11.0%
  6.7%4.8%
  5.3%0.8%
  0.0%1.9%
  13.3%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  24.0%14.0%
  0.0%2.1%
  21.3%7.0%
  4.0%4.8%
  5.3%4.7%
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