16050 Petrolia, PA is a small town located in Armstrong County. According to the latest census, the population of this area is about 2,072. The median cost of rent for a two-bedroom apartment in Petrolia is around $980 per month, lower than the national average which is $1,430. Moreover, the grocery cost index here is 98 compared to the index in other US states which stands at 100.
Petrolia offers an array of local companies and businesses for its residents. Some prominent ones include Doolittle Oil & Propane Company which provides oil and propane services to families and businesses in the area; R&R Hauling LLC that specialize in heavy hauling needs; Maxine’s Hair Creations beauty salon that offers cuts and styles for both men and women; and Ben’s Automotive, Inc., a reliable auto repair shop.
Petrolia (zip 16050) has an unemployment rate of 6.4%. The US average is 6.0%.
Petrolia (zip 16050) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Petrolia (zip 16050)
- The Sales Tax Rate for Petrolia (zip 16050) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Petrolia (zip 16050) 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 Petrolia (zip 16050)
- The average income of a Petrolia (zip 16050) resident is $28,396 a year. The US average is $37,638 a year.
- The Median household income of a Petrolia (zip 16050) resident is $59,545 a year. The US average is $69,021 a year.