Zip 15462 (Melcroft, PA) Economy


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15462 Melcroft, PA is a great place to rent. The 2 bedroom rent in this area is only $900 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in this area is 92 versus 100 in the US, making it even more affordable to live here. This makes 15462 Melcroft, PA an ideal place for families with a limited budget who are looking for a cost-effective living solution. Local companies such as Foor Farm Supply and Altoona Smith & Co. provide quality goods and services to the community of 15462 Melcroft, PA. Both companies have been in business for over 50 years and offer excellent customer service and competitive prices. These companies are a testament to the vitality of the local economy in this area.

Melcroft (zip 15462) has an unemployment rate of 10.2%. The US average is 6.0%.

Melcroft (zip 15462) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Melcroft (zip 15462)
- The Sales Tax Rate for Melcroft (zip 15462) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Melcroft (zip 15462) 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 Melcroft (zip 15462)
- The average income of a Melcroft (zip 15462) resident is $11,954 a year. The US average is $37,638 a year.
- The Median household income of a Melcroft (zip 15462) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMelcroft, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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