Zip 16142 (New Wilmington, PA) Economy


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New Wilmington, PA is a small town located in Lawrence County with a population of 16142. It has an affordable 2 Bedroom Rent rate of $840 compared to the US average of $1,430. The local Grocery Cost Index is 101 versus 100 in the US, making food costs here slightly higher than other parts of the country. The town boasts a small-town charm and friendly atmosphere with many restaurants and businesses to choose from. Some of these include Eat'n Park, Applebee's, Delaney's Coffee Shop & Cafe, and the Village Market among others. New Wilmington also provides its residents with plenty of recreational activities such as biking and hiking trails at McConnells Mill State Park and fishing at Pymatuning State Park. In addition, there are several large colleges close by to provide educational opportunities for students.

New Wilmington (zip 16142) has an unemployment rate of 9.3%. The US average is 6.0%.

New Wilmington (zip 16142) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for New Wilmington (zip 16142)
- The Sales Tax Rate for New Wilmington (zip 16142) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Wilmington (zip 16142) 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 New Wilmington (zip 16142)
- The average income of a New Wilmington (zip 16142) resident is $19,300 a year. The US average is $28,555 a year.
- The Median household income of a New Wilmington (zip 16142) resident is $63,494 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Wilmington, PennsylvaniaUnited States
  9.36
  -6.6%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,325$37,638
  $63,494$69,021
  $80,357$85,028
  Population by Occupation
  3.6%1.2%
  0.1%0.5%
  6.9%6.8%
  13.9%10.0%
  3.1%2.5%
  13.7%11.0%
  3.4%4.8%
  0.8%0.8%
  0.7%1.9%
  3.6%4.7%
  0.8%1.9%
  2.5%7.6%
  0.0%0.1%
  1.4%4.2%
  9.8%9.3%
  16.1%14.0%
  0.9%2.1%
  6.1%7.0%
  10.1%4.8%
  2.7%4.7%
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