16802 State College, PA is an ideal location for those looking to rent or buy a home. The average two-bedroom rent in State College is $1,320 per month - much lower than the U.S. average of $1,430 per month - making it a great place to live affordably. Additionally, the Grocery Cost Index of 106 versus the U.S. rate of 100 indicates that groceries are slightly more affordable in this area as well. Local companies in State College include businesses such as High Peaks Corporation, Emerge Strategies Group, and Karthik Technologies Inc., which offer services including software development and consulting services related to data science and engineering projects. Other local businesses include dental offices such as Williams Family Dentistry and Penn State University's health care center; retail stores such as B&B Department Store; and restaurants like G-Man BBQ & Pub, serving up delicious barbecue with friendly service.
State College (zip 16802) has an unemployment rate of 4.0%. The US average is 6.0%.
State College (zip 16802) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for State College (zip 16802)
- The Sales Tax Rate for State College (zip 16802) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for State College (zip 16802) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for State College (zip 16802)
- The average income of a State College (zip 16802) resident is $2,898 a year. The US average is $28,555 a year.
- The Median household income of a State College (zip 16802) resident is $56,017 a year. The US average is $69,021 a year.