Meyersdale, PA is a small town in Pennsylvania with a population of about 2,300 people. It is located in Somerset County and offers a wide range of amenities such as local shops, restaurants, and parks. The average two bedroom rent in Meyersdale is $820, which makes it much cheaper than most other cities in the US where the average two bedroom rent is $1,430. In addition to this, grocery cost index for the area is 96 compared to 100 for the US index making it very cost-effective to shop for food here. There are several local businesses that can be found in Meyersdale such as Schrock's Farm Market which sells fresh fruits and vegetables, Flowers & More which offers flower arrangements for special occasions, and Kightlinger Auto Sales that offers new and used vehicles. Overall, Meyersdale provides an affordable cost of living with plenty of local business opportunities.
Meyersdale has an unemployment rate of 7.9%. The US average is 6.0%.
Meyersdale has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.
Tax Rates for Meyersdale
- The Sales Tax Rate for Meyersdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Meyersdale 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 Meyersdale
- The average income of a Meyersdale resident is $21,274 a year. The US average is $28,555 a year.
- The Median household income of a Meyersdale resident is $54,706 a year. The US average is $69,021 a year.