Zip 16250 (Sagamore, PA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
16250 Sagamore, PA is a great place to live for those who are looking for an affordable lifestyle. The 2 Bedroom Rent in this area is $880, which is significantly lower than the US average of $1,430. For grocery shopping, the Grocery Cost Index in 16250 Sagamore is 96 versus 100 in the US. This makes it even more affordable to live here! \nFor entertainment and dining out, there are several local companies such as Dempsey's Pub and Grill, Adam's Pizza and Subs, K&N's Market Store and Interact Tapas Bar & Restaurant that provide plenty of options. Many residents also take advantage of the nearby hiking trails or go fishing at Lake Arthur. With all these benefits combined 16250 Sagamore is an ideal location for those who want a more peaceful and affordable life with access to plenty of amenities.

Sagamore (zip 16250) has an unemployment rate of 8.5%. The US average is 6.0%.

Sagamore (zip 16250) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Sagamore (zip 16250)
- The Sales Tax Rate for Sagamore (zip 16250) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sagamore (zip 16250) 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 Sagamore (zip 16250)
- The average income of a Sagamore (zip 16250) resident is $10,751 a year. The US average is $28,555 a year.
- The Median household income of a Sagamore (zip 16250) resident is $49,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySagamore, PennsylvaniaUnited States
  8.56
  -6.9%-6.2%
  22.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $17,809$37,638
  $49,583$69,021
  $49,643$85,028
  Population by Occupation
  13.1%1.2%
  7.4%0.5%
  11.9%6.8%
  8.0%10.0%
  0.0%2.5%
  8.5%11.0%
  6.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.0%4.2%
  10.2%9.3%
  15.3%14.0%
  0.0%2.1%
  10.8%7.0%
  0.0%4.8%
  4.0%4.7%
Health