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Economy in Montgomery, Pennsylvania

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMontgomery, PAUnited States
Unemployment Rate8.00%9.10%
Recent Job Growth-0.18%-0.12%
Future Job Growth31.64%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income per Cap.$18,727$27,067
Household Income$44,312$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.81%12.10%
Income between 15K and 25K14.72%10.18%
Income between 25K and 35K13.54%10.56%
Income between 35K and 50K18.78%14.98%
Income between 50K and 75K27.75%19.53%
Income between 75K and 100K10.15%12.52%
Income between 100K and 150K4.40%12.14%
Income between 150K and 250K0.51%3.91%
Income between 250K and 500K0.34%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.63%13.81%
Professional and Related Occupations16.71%22.68%
Service10.61%14.51%
Sales and Office25.86%25.22%
Farming, Fishing, and Forestry0.66%0.68%
Construction, Extraction, and Maintenance7.43%9.37%
Production, Transportation, and Material Moving33.29%15.86%
Median Household Income

The unemployment rate in Montgomery, PA, is 8.00%, with job growth of -0.18%. Future job growth over the next ten years is predicted to be 31.64%.

Montgomery, PA Taxes

Montgomery, PA,sales tax rate is 6.00%. Income tax is 3.57%.

Montgomery, PA Income and Salaries

The income per capita is $18,727, which includes all adults and children. The median household income is $44,312.


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