16441 Waterford, PA is an ideal location for residents looking for a more affordable lifestyle. 2 bedroom rent in Waterford is $980, compared to $1,430 across the United States. Grocery Cost Index in this area is also lower than the national average at 98 versus 100 in the US. The city's proximity to other nearby cities such as Erie and Meadville makes it especially desirable for those looking for convenient access to amenities while still being able to save money on their living expenses. Local businesses help make this a great place to live by offering shopping options, restaurants, entertainment centers and more. Notable companies in Waterford include Val-Matic Valve & Manufacturing Corp., Fisher Industries, Inc., and Hirsch Brewing Company. All of these businesses provide residents with jobs and opportunities within their community while facilitating a sense of pride and camaraderie among locals.
Waterford (zip 16441) has an unemployment rate of 9.1%. The US average is 6.0%.
Waterford (zip 16441) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Waterford (zip 16441)
- The Sales Tax Rate for Waterford (zip 16441) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waterford (zip 16441) 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 Waterford (zip 16441)
- The average income of a Waterford (zip 16441) resident is $34,405 a year. The US average is $37,638 a year.
- The Median household income of a Waterford (zip 16441) resident is $71,412 a year. The US average is $69,021 a year.