Wood, PA is a small town located in Pennsylvania with a population of 16694 people. The rent for a 2 bedroom apartment is $810, which is much lower than the average US rent of $1,430 for a 2 bedroom. Additionally, Wood boasts a competitive grocery cost index of 96 compared to 100 in the US. This means that Wood offers an affordable cost of living compared to other parts of the country. Local companies offering groceries include Walmart Supercenter, Giant Food Stores, J & M Family Markets and Weis Markets. Residents of Wood enjoy prices on groceries that are much lower than those found in larger cities across the country. All these benefits make Wood an ideal place to live for those looking for an affordable cost of living paired with quality amenities.
Wood (zip 16694) has an unemployment rate of 7.2%. The US average is 6.0%.
Wood (zip 16694) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Wood (zip 16694)
- The Sales Tax Rate for Wood (zip 16694) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wood (zip 16694) 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 Wood (zip 16694)
- The average income of a Wood (zip 16694) resident is $21,430 a year. The US average is $28,555 a year.
- The Median household income of a Wood (zip 16694) resident is $34,583 a year. The US average is $69,021 a year.