Coalmont, PA Economy


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Coalmont, PA is a small town located in Pennsylvania. It is a great place to live with plenty of job opportunities and recreational activities. The cost of living in Coalmont is much lower than the national average, with two-bedroom rent costing just $840 compared to the US average of $1,430. Residents can also enjoy much lower grocery costs with the Grocery Cost Index in Coalmont at 97 versus 100 in the US. Local companies in this area include John's Plumbing & Heating, OJ's Auto Repair, and R&S Cleaners. All these businesses provide quality services at competitive prices, making it easy for locals to save money while still enjoying quality products and services.

Coalmont has an unemployment rate of 8.8%. The US average is 6.0%.

Coalmont has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Coalmont
- The Sales Tax Rate for Coalmont is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coalmont 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 Coalmont
- The average income of a Coalmont resident is $13,207 a year. The US average is $28,555 a year.
- The Median household income of a Coalmont resident is $33,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoalmont, PennsylvaniaUnited States
  8.86
  -5.6%-6.2%
  26.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $23,543$37,638
  $33,500$69,021
Family Median Income 85028
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