New Beaver, Pennsylvania is a great place to live with many local amenities. With a population of just over 1600 people, it has an intimate feel while still offering plenty of resources to its residents. The average two bedroom rent in New Beaver is $790 which is significantly lower than the US average of $1,430 making it very affordable. For groceries, the cost index in New Beaver is 97 compared to 100 in the US, meaning that food prices are slightly cheaper here.
The town has plenty of businesses such as Dunkin Donuts and Routes 5 & 18 Supermarket for day-to-day needs as well as more unique places like the Riverside Café & Pub for those special occasions. In addition to these establishments, there's also a post office, several churches, and a library to cater to residents' needs. All this combined with an affordable cost of living makes New Beaver an ideal place for those looking for small town living without sacrificing convenience or comfort.
New Beaver (zip 16157) has an unemployment rate of 9.3%. The US average is 6.0%.
New Beaver (zip 16157) has seen the job market decrease by -6.6% 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 Beaver (zip 16157)
- The Sales Tax Rate for New Beaver (zip 16157) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Beaver (zip 16157) 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 Beaver (zip 16157)
- The average income of a New Beaver (zip 16157) resident is $30,229 a year. The US average is $37,638 a year.
- The Median household income of a New Beaver (zip 16157) resident is $52,600 a year. The US average is $69,021 a year.