The town of Mineral Springs, PA has a population of approximately 1,685. The median 2 bedroom rent is $820 which is significantly lower than the US rate of $1,430. This makes it an affordable place to live for those who are budget conscious. Grocery costs in Mineral Springs have an index of 93 compared to 100 in the US making food costs more affordable in Mineral Springs. Local companies include Bank of America, Walmart Supercenter, Giant Eagle and Dollar Tree. All these companies offer good prices and services which make it convenient and cost effective for residents to get their needs met locally rather than having to shop elsewhere. This helps keep the overall cost of living down for people who live here.
Mineral Springs (zip 16855) has an unemployment rate of 8.0%. The US average is 6.0%.
Mineral Springs (zip 16855) has seen the job market decrease by -5.2% 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 Mineral Springs (zip 16855)
- The Sales Tax Rate for Mineral Springs (zip 16855) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mineral Springs (zip 16855) 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 Mineral Springs (zip 16855)
- The average income of a Mineral Springs (zip 16855) resident is $16,242 a year. The US average is $37,638 a year.
- The Median household income of a Mineral Springs (zip 16855) resident is $0 a year. The US average is $69,021 a year.