Zip 16345 (Russell, PA) Economy


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United States / Pennsylvania / Warren Metro Area / Warren County / No City / Russell (zip 16345)
16345 Russell, PA is a great place to live with reasonable rental costs for two bedroom apartments. The median 2 bedroom rent in the area is only $760, which is almost half of the national average of $1,430. Additionally, grocery prices in 16345 Russell are comparable to the nation as a whole due to an index rating of 100. This makes 16345 Russell an economical choice for those seeking affordable housing and commodities. There are several local companies near 16345 Russell such as South Side Pharmacy LLC, Russell United Methodist Church and Carnegie Mechanical Services LLC.

Russell (zip 16345) has an unemployment rate of 7.6%. The US average is 6.0%.

Russell (zip 16345) has seen the job market decrease by -1.1% 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 Russell (zip 16345)
- The Sales Tax Rate for Russell (zip 16345) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Russell (zip 16345) 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 Russell (zip 16345)
- The average income of a Russell (zip 16345) resident is $34,075 a year. The US average is $28,555 a year.
- The Median household income of a Russell (zip 16345) resident is $84,707 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRussell, PennsylvaniaUnited States
  7.66
  -5.1%-6.2%
  14.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $40,371$37,638
  $84,707$69,021
  $93,109$85,028
  Population by Occupation
  3.3%1.2%
  0.1%0.5%
  6.5%6.8%
  22.3%10.0%
  1.1%2.5%
  11.7%11.0%
  2.4%4.8%
  2.3%0.8%
  0.0%1.9%
  6.8%4.7%
  0.5%1.9%
  3.3%7.6%
  0.0%0.1%
  3.2%4.2%
  5.7%9.3%
  16.2%14.0%
  1.1%2.1%
  4.1%7.0%
  6.3%4.8%
  3.1%4.7%
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