Fredericktown, PA Economy


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Fredericktown, PA is an attractive place to live due to its low cost of living and abundance of local amenities. Rent for a two bedroom in the area is $1,020 per month, which is significantly lower than the US average of $1,430. This makes the area especially appealing for those on a budget. Local taxes and grocery costs are also lower than the national average with an index score of 97 versus 100. Popular local companies include Fred’s Supermarket, Johnson’s Hardware Store, and Mason’s Clothing Store. With affordable housing prices combined with convenient access to quality goods and services, Fredericktown, PA is an ideal place to call home.

Fredericktown has an unemployment rate of 7.9%. The US average is 6.0%.

Fredericktown has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Fredericktown
- The Sales Tax Rate for Fredericktown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fredericktown is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fredericktown
- The average income of a Fredericktown resident is $36,290 a year. The US average is $37,638 a year.
- The Median household income of a Fredericktown resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFredericktown, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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