Dormont, PA Economy


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equestId":"f2b8686a-dcf2-4e67-a081-d10546568527","resource":"content","data":[{"id":"txt_0a282b1438aa4a368b503b3281cd675d","text":" and the cost of living\nDormont, PA is an attractive place to live due to its relatively low cost of living. The average 2 Bedroom Rent in Dormont, PA is $1,270 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Dormont is at 100 which is equal to the US average. Local businesses such as Giant Eagle grocery store and American Eagle Outfitters are available in Dormont and offer competitive prices for goods. All these factors contribute to make it a desirable place to reside.

Dormont has an unemployment rate of 7.1%. The US average is 6.0%.

Dormont has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Dormont
- The Sales Tax Rate for Dormont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dormont 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 Dormont
- The average income of a Dormont resident is $29,369 a year. The US average is $28,555 a year.
- The Median household income of a Dormont resident is $61,890 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDormont, PennsylvaniaUnited States
  7.16
  -7.1%-6.2%
  24.3%33.5%
  7.0%6.2%
  4.1%4.6%
  $41,004$37,638
  $61,890$69,021
  $90,379$85,028
  Population by Occupation
  0.0%1.2%
  0.9%0.5%
  5.6%6.8%
  7.5%10.0%
  2.7%2.5%
  11.1%11.0%
  3.9%4.8%
  1.0%0.8%
  1.7%1.9%
  7.3%4.7%
  1.4%1.9%
  9.8%7.6%
  0.5%0.1%
  3.3%4.2%
  10.8%9.3%
  13.1%14.0%
  1.8%2.1%
  11.1%7.0%
  3.6%4.8%
  2.7%4.7%
Health
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