Indian Mountain Lake, PA is a popular small town in Pennsylvania that offers a peaceful lifestyle. The cost of living is slightly higher than the national average, with 2 bedroom rental prices at $1,570 compared to $1,430 nationally. The Grocery Cost Index in Indian Mountain Lake is 102 compared to 100 for the US. This means food costs are higher than the national average. Some local companies located in Indian Mountain Lake include Poconos Real Estate Group, Poconos Medical Center and Smith's Automotive Repair & Parts Inc. Despite the fact that living expenses may be higher than other parts of the country, people come from all over to enjoy the tranquil atmosphere this small town has to offer.
Indian Mountain Lake has an unemployment rate of 8.7%. The US average is 6.0%.
Indian Mountain Lake has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Indian Mountain Lake
- The Sales Tax Rate for Indian Mountain Lake is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Indian Mountain Lake is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indian Mountain Lake
- The average income of a Indian Mountain Lake resident is $20,428 a year. The US average is $28,555 a year.
- The Median household income of a Indian Mountain Lake resident is $66,812 a year. The US average is $69,021 a year.