New Morgan, PA is a small village in south-central Pennsylvania with an estimated population of about 500 people. It offers a peaceful lifestyle with access to plenty of outdoor activities. Rent for two bedroom apartments is more affordable than the national average, standing at $1,170 compared to $1,430 across the United States. The Grocery Cost Index in New Morgan is also lower than the national average at 106 versus 100 in the US. Several local companies operate in New Morgan, such as Morgan Country Store & Deli, which offers a variety of delicacies and snacks, and True North Tile & Flooring Co., which specializes in tiling services for homes and businesses. There is also Three County Landscaping & Design that provides landscaping solutions for commercial and residential properties.
New Morgan has an unemployment rate of 7.6%. The US average is 6.0%.
New Morgan has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.
Tax Rates for New Morgan
- The Sales Tax Rate for New Morgan is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Morgan 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 New Morgan
- The average income of a New Morgan resident is $8,282 a year. The US average is $28,555 a year.
- The Median household income of a New Morgan resident is $125,938 a year. The US average is $69,021 a year.