Zip 15774 (Shelocta, PA) Economy


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United States / Pennsylvania / Indiana Metro Area / Indiana County / No City / Shelocta (zip 15774)
Shelocta, PA is a small rural town located in Indiana County with an approximate population of around 150 people. The average 2 bedroom rent is $760 which is much lower than the US average of $1,430. Additionally the grocery cost index in Shelocta is 99 versus 100 in the US, making food more affordable for residents. Families and individuals looking to move to Shelocta will appreciate its close proximity to both Pittsburgh and Altoona, offering convenient access to amenities such as shopping facilities and entertainment venues.
The main businesses in Shelocta include traditional family-run stores like Meyer Hardware, Bence Machine Shop and Shaffer's Grocery Store, as well as newer establishments such as Hamill Creek Timber Homes and the Shelocta Country Market. There are also some excellent local attractions worth visiting such as the Hoodlebug Trail and Yellow Creek State Park.

Shelocta (zip 15774) has an unemployment rate of 7.7%. The US average is 6.0%.

Shelocta (zip 15774) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.

Tax Rates for Shelocta (zip 15774)
- The Sales Tax Rate for Shelocta (zip 15774) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shelocta (zip 15774) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shelocta (zip 15774)
- The average income of a Shelocta (zip 15774) resident is $33,238 a year. The US average is $28,555 a year.
- The Median household income of a Shelocta (zip 15774) resident is $69,076 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShelocta, PennsylvaniaUnited States
  7.76
  -7.7%-6.2%
  9.2%33.5%
  6.0%6.2%
  4.3%4.6%
  $31,910$37,638
  $69,076$69,021
  $70,147$85,028
  Population by Occupation
  0.8%1.2%
  8.4%0.5%
  13.8%6.8%
  9.8%10.0%
  3.3%2.5%
  10.3%11.0%
  3.9%4.8%
  0.4%0.8%
  0.8%1.9%
  5.7%4.7%
  0.0%1.9%
  4.3%7.6%
  0.0%0.1%
  1.2%4.2%
  4.7%9.3%
  14.4%14.0%
  0.8%2.1%
  4.5%7.0%
  9.8%4.8%
  3.1%4.7%
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