Myerstown, PA is a small town located in Lebanon County with a population of about 2,800 people. The cost of living in Myerstown is slightly lower than the national average, with two-bedroom apartment rentals averaging $1,000 compared to the US average of $1,430. Additionally, grocery cost index in Myerstown is 103 versus 100 in the US. Myerstown is home to several local companies such as Keystone Veterinary Emergency and Referral Center, Freedom Rental & Sales Inc., and D&K Farm Supply Inc. Overall, Myerstown offers its residents a comfortable lifestyle at an affordable price.
Myerstown has an unemployment rate of 6.3%. The US average is 6.0%.
Myerstown has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Myerstown
- The Sales Tax Rate for Myerstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Myerstown 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 Myerstown
- The average income of a Myerstown resident is $21,276 a year. The US average is $28,555 a year.
- The Median household income of a Myerstown resident is $42,425 a year. The US average is $69,021 a year.