Zip 17980 (Tower City, PA) Economy


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Tower City, Pennsylvania is a small town located in Schuylkill County. With a population of only 1,780 people, Tower City has a low cost of living. The average 2 bedroom rent in Tower City is $940 compared to the US average of $1,430. Additionally, the grocery cost index in Tower City is 98 versus 100 in the US.
The town's economy is driven by a combination of both local businesses and larger chain stores such as Walmart and Lowe’s. Local business opportunities include several restaurants and bars like the Dutch Kitchen Restaurant and Bar, Brogie's Pub as well as two gas stations, Snyders Gas Station and Kostenbaders Sunoco. There are also several specialty stores such as J & A Nails Salon & Spa, Kozy Korner Thrift Store, Country Crafts Store and R & M Motorsports Auto Repair Shop to name a few.

Tower City (zip 17980) has an unemployment rate of 7.8%. The US average is 6.0%.

Tower City (zip 17980) 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 15.2%, which is lower than the US average of 33.5%.

Tax Rates for Tower City (zip 17980)
- The Sales Tax Rate for Tower City (zip 17980) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tower City (zip 17980) 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 Tower City (zip 17980)
- The average income of a Tower City (zip 17980) resident is $29,291 a year. The US average is $37,638 a year.
- The Median household income of a Tower City (zip 17980) resident is $60,816 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTower City, PennsylvaniaUnited States
  7.86
  -4.6%-6.2%
  15.2%33.5%
  6.0%6.2%
  4.1%4.6%
  $29,291$37,638
  $60,816$69,021
  $66,935$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  7.7%6.8%
  26.2%10.0%
  1.7%2.5%
  9.5%11.0%
  7.6%4.8%
  0.9%0.8%
  0.9%1.9%
  4.8%4.7%
  0.3%1.9%
  3.1%7.6%
  0.0%0.1%
  4.5%4.2%
  6.2%9.3%
  10.8%14.0%
  0.5%2.1%
  3.3%7.0%
  3.6%4.8%
  7.7%4.7%
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