Zip 16440 (Venango, PA) Economy


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The town of Venango, PA is a great place to call home. With an estimated population of 1,640, it offers a small-town feel with big city amenities. Rent for two bedrooms averages around $830 per month, making it more affordable than many other places in the US. Grocery costs are also lower than the national average with a Grocery Cost Index (GCI) of 96 compared to 100 in the US. Venango has some local businesses that are popular with residents, including The Art Shed Cafe & Gallery, Chisholm's Pizza and Subs, and Old Towne Market. The cost of living in Venango is low compared to other towns in the area, making it an attractive option for those looking for a place to live.

Venango (zip 16440) has an unemployment rate of 7.9%. The US average is 6.0%.

Venango (zip 16440) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Venango (zip 16440)
- The Sales Tax Rate for Venango (zip 16440) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Venango (zip 16440) 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 Venango (zip 16440)
- The average income of a Venango (zip 16440) resident is $26,812 a year. The US average is $28,555 a year.
- The Median household income of a Venango (zip 16440) resident is $65,729 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVenango, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,009$37,638
  $65,729$69,021
  $70,625$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  0.8%6.8%
  26.2%10.0%
  1.6%2.5%
  8.7%11.0%
  2.7%4.8%
  1.6%0.8%
  9.3%1.9%
  2.2%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  3.6%4.2%
  13.1%9.3%
  12.8%14.0%
  2.2%2.1%
  3.3%7.0%
  3.8%4.8%
  6.0%4.7%
Health