Zip 16102 (New Castle, PA) Economy


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United States / Pennsylvania / New Castle Metro Area / Lawrence County / No City / New Castle (zip 16102)
16102 New Castle, PA is an area in Pennsylvania known for its affordable cost of living. The average 2 Bedroom rent in 16102 New Castle, PA is $830 compared to $1,430 nationally. People who live in the area can benefit from its low cost of living with the Grocery Cost Index in the area being 95 versus 100 nationally. The location is also great for families as there are many local companies and schools such as New Castle City School District and Thompson/Avonworth Intermediate Unit which provide primary education for children. Additionally, there are many recreational activities in the area including parks, bike trails and nature reserves that make it a great place to live.

New Castle (zip 16102) has an unemployment rate of 9.3%. The US average is 6.0%.

New Castle (zip 16102) 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 Castle (zip 16102)
- The Sales Tax Rate for New Castle (zip 16102) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Castle (zip 16102) 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 Castle (zip 16102)
- The average income of a New Castle (zip 16102) resident is $26,399 a year. The US average is $28,555 a year.
- The Median household income of a New Castle (zip 16102) resident is $47,566 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Castle, PennsylvaniaUnited States
  9.36
  -6.6%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $24,619$37,638
  $47,566$69,021
  $62,901$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  6.1%6.8%
  15.5%10.0%
  2.0%2.5%
  6.7%11.0%
  4.6%4.8%
  0.2%0.8%
  2.9%1.9%
  2.5%4.7%
  3.4%1.9%
  3.3%7.6%
  0.9%0.1%
  4.2%4.2%
  6.4%9.3%
  22.8%14.0%
  4.5%2.1%
  4.4%7.0%
  5.0%4.8%
  2.9%4.7%
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