Business Financing for Greater Hazleton and Luzerne County

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Business Financing for Greater Hazleton and Luzerne County

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CAN DO Finance Rates
PIDA	Rate
Adjustable Rate Fixed Rate	1.00% 2.00%
SBA 504 Loan	Rate
10-Year Effective 20-Year Effective 25-Year Effective	2.26% 2.56% 2.60%
Micro Loans	Rate
Luzerne Co. Small Business Loan Program ARC Funds EDA Funds Rural Development Funds	3.0% 3.0% 5.5% 3.5%

Rates effective February 2021

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Demographics

Population
Households
Income and Benefits
Business Taxes

Population by Age and Sex
	Hazleton Area School District		Luzerne County		Hazleton / Wilkes-Barre / Scranton MSA
Total Population	71,716		317,417		553,885
Male	34,373	47.9%	156,743	49.4%	271,811	48.9%
Female	37,343	52.4%	160,674	50.6%	282,074	51.1%
Up to 19 years	18,055	24.2%	70,453	22.4%	124,678	22.9%
20 to 44 years	20,807	29.6%	97,659	30.1%	167,978	29.7%
45 to 64 years	19,533	25.9%	86,441	27.6%	149,767	27.5%
65 years and over	13,321	20.3%	62,864	19.9%	111,462	19.9%
Median age (years)	41.4		42.5		42.4
Source: U.S. Census Bureau, 2019 American Community Survey

Households
	Hazleton Area School District		Luzerne County		Hazleton / Wilkes-Barre / Scranton MSA
Households by type	Estimate	Percent	Estimate	Percent	Estimate	Percent
Total households	28,762		130,890		230,210
Average household size	2.44	(x)	2.33	(x)	2.32	(x)
Average family size	3.13	(x)	2.93	(x)	2.89	(x)
Source: U.S. Census Bureau, 2019 American Community Survey

Income and Benefits
	Hazleton Area School District	Luzerne County	Hazleton / Wilkes-Barre / Scranton MSA
Per capita income	$25,640	$28,484	$28,480
Median household income	$44,505	$53,972	$54,304
Mean household income	$61,482	$68,764	$70,836
Median family income	$59,127	$68,693	$67,558
Mean family income	$72,500	$81,539	$81,034
Source: U.S. Census Bureau, 2019 American Community Survey

Pennsylvania Business Taxes
Corporate Net Income Tax- 9.99%	Sales and Use Tax- 6.00%	Personal Income Tax- 3.07%
Download the Pennsylvania Business Taxes chart

Transportation

Easy access to many transportation systems makes Greater Hazleton an attractive area, not only for residents but for businesses, too.

Location
The City of Hazleton and its surrounding communities are collectively known as Greater Hazleton.

Greater Hazleton encompasses an area located within three counties: southern Luzerne County, northern Schuylkill County and western Carbon County. Greater Hazleton is strategically located near Interstates 80, 81, 84, 380 and 476, and puts your company within a 300-mile radius of 25 percent of the population and total production of the entire nation.

Our community is only two and a half hours away from New York City, less than that from Philadelphia and slightly more from Baltimore and Washington, D.C.

Driving distances
- Wilkes–Barre, PA – 28 miles
- Mount Pocono, PA – 43 miles
- Scranton, PA – 46 miles
- Allentown, PA – 47 miles
- Harrisburg, PA – 80 miles
- Philadelphia, PA – 97 miles
- New York City, NY – 127 miles
- Baltimore, MD – 160 miles
- Washington, DC – 201 miles
- Pittsburgh, PA – 249 miles
- Boston, MA – 331 miles
Download the Greater Hazleton Area map.
Highways

Highways

Direct access to Interstates 81 and 80, which interconnect with nearby I-476 (the Northeast Extension of the Pennsylvania Turnpike), I-84 and I-380 and puts your company within a 300-mile radius of 25 percent of the population and total production of the entire nation.

The City of Hazleton operates an intermodal transportation center in downtown Hazleton. This center is the hub of intra-city and regional bus service.
Airports
Greater Hazleton is close to two international airports while one municipal airport is located on the north side of the city:
- The Wilkes-Barre/Scranton International Airport (AVP) is approximately 35 miles north. The Wilkes-Barre/Scranton International Airport offers about 30 flights per day on six international carriers.
- The Lehigh Valley International Airport (ABE) is approximately 45 miles south. The Lehigh Valley International Airport offers about 33 flights per day on eight international carriers.
- The Hazleton Municipal Airport is located in the city of Hazleton. Private planes and jets are able to land here.
Rail

Seven miles of rail line, owned and maintained by Reading Blue Mountain and Northern Railroad (RBMN), run throughout Humboldt Industrial Park. Reading and Northern runs a scheduled railroad six days a week with each customer provided a specific service window for rail deliveries.

Reading and Northern is locally owned and is the largest privately owned railroad in Pennsylvania. RBMN is recognized for its industrial development success and is the only three time winner of the Regional Railroad of the Year award by Railway Age Magazine.

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One S. Church Street, Suite 200, Hazleton, PA 18201 570.455.1508 570.454.7787