Zip 16743 (Port Allegany, PA) Economy


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16743 Port Allegany, PA is a small rural town in Pennsylvania that offers a low cost of living. The 2 bedroom rent in the area is just $810, which is significantly lower than the national average of $1,430. Similarly, grocery costs in the area are also more affordable with an index of 95 to 100 for the US. Local businesses and amenities include Schaefers Plumbing & Heating Co., and Port Allegany Pharmacy as well as local schools like Port Allegany Elementary School and Port Allegany High School. All in all, 16743 Port Allegany, PA provides a high quality of life at an unbeatable price.

Port Allegany (zip 16743) has an unemployment rate of 8.0%. The US average is 6.0%.

Port Allegany (zip 16743) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.

Tax Rates for Port Allegany (zip 16743)
- The Sales Tax Rate for Port Allegany (zip 16743) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Port Allegany (zip 16743) 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 Port Allegany (zip 16743)
- The average income of a Port Allegany (zip 16743) resident is $21,354 a year. The US average is $28,555 a year.
- The Median household income of a Port Allegany (zip 16743) resident is $54,451 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Allegany, PennsylvaniaUnited States
  86
  -6.4%-6.2%
  14.1%33.5%
  6.0%6.2%
  4.1%4.6%
  $29,784$37,638
  $54,451$69,021
  $71,333$85,028
  Population by Occupation
  3.2%1.2%
  1.5%0.5%
  1.3%6.8%
  19.8%10.0%
  0.6%2.5%
  8.8%11.0%
  6.7%4.8%
  0.2%0.8%
  1.9%1.9%
  4.5%4.7%
  0.8%1.9%
  1.3%7.6%
  0.0%0.1%
  0.3%4.2%
  20.1%9.3%
  16.7%14.0%
  0.4%2.1%
  3.2%7.0%
  4.0%4.8%
  4.6%4.7%
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