Laurel Mountain, PA is an ideal place to live due to its affordable cost of living. The average 2 bedroom rent is $870 per month compared to the US 2 bedroom rent average of $1,430 per month. Additionally, the Grocery Cost Index in Laurel Mountain, PA is 99 versus 100 in the US which makes it a great value for those looking to save on food costs. The area is home to a variety of local amenities and businesses for residents to enjoy such as Laurel Cinema & Theater Company, Fries Café & Court Room Bar and Grill, and Family Dollar Store. Outdoor activities are plentiful with nearby Hawk Falls Park and Audubon Society of Western Pennsylvania providing plenty of nature-based recreation. With its low cost of living combined with these local companies and amenities Laurel Mountain, PA is an excellent place to call home.
Laurel Mountain has an unemployment rate of 7.4%. The US average is 6.0%.
Laurel Mountain 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 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Laurel Mountain
- The Sales Tax Rate for Laurel Mountain is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Laurel Mountain 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 Laurel Mountain
- The average income of a Laurel Mountain resident is $42,191 a year. The US average is $37,638 a year.
- The Median household income of a Laurel Mountain resident is $63,125 a year. The US average is $69,021 a year.