Milesburg, PA is a charming town located in Centre County. It is a tight-knit community with a friendly atmosphere and plenty of activities for people of all ages and interests. The area is known for its affordable cost of living, with 2 bedroom rent being $1,140, which is significantly lower than the US average of $1,430. In addition to housing costs, the grocery cost index in Milesburg is 104 versus 100 in the US. There are many wonderful local businesses in Milesburg including Harner's Market and the Happy Valley Brewery. There are also many restaurants such as the Milesburg Diner and Cherry's American Legion Post 232 that serve as popular gathering places for locals and visitors alike.
Milesburg has an unemployment rate of 4.9%. The US average is 6.0%.
Milesburg has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Milesburg
- The Sales Tax Rate for Milesburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milesburg is 5.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milesburg
- The average income of a Milesburg resident is $27,606 a year. The US average is $28,555 a year.
- The Median household income of a Milesburg resident is $60,156 a year. The US average is $69,021 a year.