Plymouth township (Montgomery County), PA Economy


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Plymouth township (Montgomery Cnty), PA is a vibrant and diverse community located just outside of Philadelphia. It is an ideal place to raise a family, with great schools, parks and other recreational activities. The rent for two bedroom apartments are fairly priced at $1,930 per month, which is lower than the US average of $1,430. Grocery costs are also slightly higher than the US average in Plymouth township, with an index of 109 compared to 100 in the US. There are many well-known companies located in Plymouth township such as Merck Pharmaceuticals and ABM Industries Incorporated. Residents can also enjoy many local activities such as visiting Shady Brook Farm for some outdoor fun or taking part in the local sports leagues around town. There are plenty of exciting opportunities to explore in Plymouth township (Montgomery Cnty), PA.

Plymouth township (Montgomery County) has an unemployment rate of 5.6%. The US average is 6.0%.

Plymouth township (Montgomery County) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Plymouth township (Montgomery County)
- The Sales Tax Rate for Plymouth township (Montgomery County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Plymouth township (Montgomery County) 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 Plymouth township (Montgomery County)
- The average income of a Plymouth township (Montgomery County) resident is $38,091 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth township (Montgomery County) resident is $98,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlymouth township (Montgomery County), PennsylvaniaUnited States
  5.66
  -6.4%-6.2%
  29.8%33.5%
  6.0%6.2%
  4.1%4.6%
  $51,431$37,638
  $98,281$69,021
  $133,151$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.0%6.8%
  7.4%10.0%
  2.0%2.5%
  9.1%11.0%
  2.4%4.8%
  0.2%0.8%
  3.1%1.9%
  6.5%4.7%
  3.9%1.9%
  14.5%7.6%
  0.4%0.1%
  4.0%4.2%
  12.4%9.3%
  13.7%14.0%
  3.6%2.1%
  3.2%7.0%
  4.9%4.8%
  3.7%4.7%
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