Zip 16362 (Utica, PA) Economy


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Utica, PA is a small rural town located in Mercer County with a population of 16362. It is a great place to live for those looking for an affordable cost of living as the median 2 bedroom rent in Utica is only $910 compared to the US average of $1,430. Groceries are even more affordable as the Grocery Cost Index in Utica is only 98 versus 100 in the US. The township also has plenty of amenities such as local stores like Walmart, Lowes, and Home Depot, restaurants such as Red Lobster and Applebee's, and some great outdoor destinations like Allegheny State Park. All this makes Utica an attractive town to live in for those wanting cost-effective living without sacrificing access to necessary resources or entertainment options.

Utica (zip 16362) has an unemployment rate of 8.1%. The US average is 6.0%.

Utica (zip 16362) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 9.5%, which is lower than the US average of 33.5%.

Tax Rates for Utica (zip 16362)
- The Sales Tax Rate for Utica (zip 16362) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Utica (zip 16362) 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 Utica (zip 16362)
- The average income of a Utica (zip 16362) resident is $30,815 a year. The US average is $37,638 a year.
- The Median household income of a Utica (zip 16362) resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUtica, PennsylvaniaUnited States
  8.16
  -5.8%-6.2%
  9.5%33.5%
  6.0%6.2%
  4.1%4.6%
  $30,815$37,638
  $58,750$69,021
  $66,458$85,028
  Population by Occupation
  1.5%1.2%
  0.9%0.5%
  10.5%6.8%
  23.9%10.0%
  1.2%2.5%
  6.7%11.0%
  5.5%4.8%
  0.0%0.8%
  2.6%1.9%
  3.2%4.7%
  0.9%1.9%
  1.5%7.6%
  0.0%0.1%
  1.5%4.2%
  12.0%9.3%
  11.4%14.0%
  0.0%2.1%
  5.2%7.0%
  4.7%4.8%
  7.0%4.7%
Health