McKean borough, PA is a small town in the state of Pennsylvania. It is known for its peaceful atmosphere and friendly community. The rent for a 2 bedroom residence in McKean borough is substantially lower than the average across the US, at $980 versus $1,430. Similarly, the Grocery Cost Index in McKean borough is 98 compared to 100 nationally. Local companies in McKean borough include Flying Pig Cafe & Bakery, Wm. Locke Electrical Contractors Inc., and Industrial Maintenance Services LLC. These businesses provide goods and services to the residents of McKean borough and are integral parts of the local economy.
McKean has an unemployment rate of 9.1%. The US average is 6.0%.
McKean has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for McKean
- The Sales Tax Rate for McKean is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McKean 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 McKean
- The average income of a McKean resident is $24,656 a year. The US average is $28,555 a year.
- The Median household income of a McKean resident is $57,500 a year. The US average is $69,021 a year.