16947 Troy, PA is an affordable area to live in as the 2 bedroom rent is $880 compared to the national average of $1430. There are many local companies such as Troy Machine Works, M & B Welding Inc, and FMB Electronics who provide employment opportunities in the area. Groceries are also cheaper here than on a national level with a local grocery cost index of 101 versus 100 nationally. All together this makes 16947 Troy, PA an attractive location for people looking for a reasonable cost of living.
Troy (zip 16947) has an unemployment rate of 6.4%. The US average is 6.0%.
Troy (zip 16947) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 16947)
- The Sales Tax Rate for Troy (zip 16947) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 16947) 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 Troy (zip 16947)
- The average income of a Troy (zip 16947) resident is $27,215 a year. The US average is $37,638 a year.
- The Median household income of a Troy (zip 16947) resident is $53,429 a year. The US average is $69,021 a year.