Muncy Borough is a small town located in the state of Pennsylvania. It has an estimated population of 2,533 people according to the 2017 census. The cost of living in Muncy is lower than the US average, with a two-bedroom rent costing $1,010 compared with $1,430 nationally and a grocery cost index of 102 versus 100 nationally. There are many local businesses within the town such as The Iron Kettle Inn, Advanced Cooling Technologies Inc., and Holsinger Tire & Service Center. These businesses provide plenty of employment opportunities for residents while also creating an inviting atmosphere for visitors to explore.
Muncy has an unemployment rate of 7.8%. The US average is 6.0%.
Muncy has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Muncy
- The Sales Tax Rate for Muncy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muncy is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muncy
- The average income of a Muncy resident is $27,015 a year. The US average is $28,555 a year.
- The Median household income of a Muncy resident is $73,542 a year. The US average is $69,021 a year.