Zip 16863 (Olanta, PA) Economy


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16863 Olanta, PA is a small town in the Susquehanna Valley region of Pennsylvania. It is known for its rural charm and strong sense of community. The median 2 bedroom rent price in 16863 Olanta is $830, which is much lower than the US average at $1,430. Additionally, the grocery cost index in 16863 Olanta is 96 versus 100 in the US. There are many local businesses that call 16863 Olanta home such as A & G Coal and Supply Inc., Sunrise Produce Farm Market, Wilbur’s Refrigeration LLC, and Mike’s Automotive Repair and Maintenance. Each of these companies are dedicated to providing quality products and services to their customers while maintaining a commitment to supporting their local community.

Olanta (zip 16863) has an unemployment rate of 8.0%. The US average is 6.0%.

Olanta (zip 16863) has seen the job market decrease by -0.7% 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 Olanta (zip 16863)
- The Sales Tax Rate for Olanta (zip 16863) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Olanta (zip 16863) 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 Olanta (zip 16863)
- The average income of a Olanta (zip 16863) resident is $20,929 a year. The US average is $28,555 a year.
- The Median household income of a Olanta (zip 16863) resident is $66,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlanta, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $27,710$37,638
  $66,500$69,021
  $71,000$85,028
  Population by Occupation
  0.0%1.2%
  6.1%0.5%
  8.6%6.8%
  17.6%10.0%
  1.2%2.5%
  15.5%11.0%
  2.0%4.8%
  1.6%0.8%
  2.0%1.9%
  4.5%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  2.0%9.3%
  22.9%14.0%
  0.0%2.1%
  4.1%7.0%
  3.3%4.8%
  6.9%4.7%
Health