Zip 15557 (Rockwood, PA) Economy


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\n15557 Rockwood, PA is a great place to live with reasonable rental prices and lower than average grocery costs. The average 2 bedroom rent in 15557 Rockwood, PA is $790 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 15557 Rockwood, PA is 98 versus 100 in the US. Local businesses near 15557 Rockwood include Fritz’s Bakery Inc., R&S Motors LLC and Ritchey's Tavern. Fritz’s Bakery Inc. has been a staple bakery in the area since 1939, offering fresh breads and pastries daily. R&S Motors LLC provides quality auto repair services at an affordable price for all makes and models. Lastly, Ritchey's Tavern is a local restaurant that serves classic dishes with a modern twist.

Rockwood (zip 15557) has an unemployment rate of 7.9%. The US average is 6.0%.

Rockwood (zip 15557) 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 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Rockwood (zip 15557)
- The Sales Tax Rate for Rockwood (zip 15557) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rockwood (zip 15557) 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 Rockwood (zip 15557)
- The average income of a Rockwood (zip 15557) resident is $23,519 a year. The US average is $28,555 a year.
- The Median household income of a Rockwood (zip 15557) resident is $49,948 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRockwood, PennsylvaniaUnited States
  7.96
  -6.7%-6.2%
  17.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $26,956$37,638
  $49,948$69,021
  $64,286$85,028
  Population by Occupation
  3.8%1.2%
  1.6%0.5%
  11.6%6.8%
  14.2%10.0%
  3.3%2.5%
  6.6%11.0%
  7.0%4.8%
  0.8%0.8%
  0.4%1.9%
  4.7%4.7%
  1.2%1.9%
  2.6%7.6%
  0.0%0.1%
  3.2%4.2%
  6.1%9.3%
  12.7%14.0%
  1.2%2.1%
  11.3%7.0%
  3.5%4.8%
  4.2%4.7%
Health