16922 Galeton, PA is a small town located in Potter County with a population of only 1,100. The township has been around since the 1800s and offers many amenities for locals to enjoy. The 2 bedroom rent in Galeton is $820 which is significantly lower than the US average of $1,430. Additionally, the cost of groceries are below the US index with an index of 97 versus 100 in the US.
Galeton’s economy is primarily focused on farming and forestry and there are several local businesses that serve the community including Galeton Lumber Co., Vermeulen’s Country Store & Deli, L&L Flowers & Gifts, and Nature’s Corner Café. There are also a number of churches located throughout the town providing spiritual guidance to its residents.
Galeton (zip 16922) has an unemployment rate of 8.5%. The US average is 6.0%.
Galeton (zip 16922) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Galeton (zip 16922)
- The Sales Tax Rate for Galeton (zip 16922) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Galeton (zip 16922) 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 Galeton (zip 16922)
- The average income of a Galeton (zip 16922) resident is $26,612 a year. The US average is $37,638 a year.
- The Median household income of a Galeton (zip 16922) resident is $47,788 a year. The US average is $69,021 a year.