Masthope, PA Economy


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Masthope, PA is an attractive and desirable place to live due to its access to outdoor activities, great schools, and close proximity to major cities. The cost of living in Masthope may be slightly higher than the national average rent for a two bedroom apartment, but it is still very affordable at $1,410 compared to $1430 in the US. Groceries are slightly more expensive in Masthope with a grocery cost index of 103 versus 100 in the US. Some popular companies that operate in Masthope are Brodhead Creek Regional Authority and Top Notch Outfitters. Both have been providing quality services for years and contribute greatly to their local economy.

Masthope has an unemployment rate of 8.4%. The US average is 6.0%.

Masthope has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.

Tax Rates for Masthope
- The Sales Tax Rate for Masthope is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Masthope 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 Masthope
- The average income of a Masthope resident is $28,353 a year. The US average is $28,555 a year.
- The Median household income of a Masthope resident is $87,795 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMasthope, PennsylvaniaUnited States
  8.46
  -7.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  3.1%4.6%
  $63,164$37,638
  $87,795$69,021
  $90,234$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  15.1%4.7%
  15.1%1.9%
  19.4%7.6%
  0.0%0.1%
  0.0%4.2%
  8.6%9.3%
  18.7%14.0%
  0.0%2.1%
  6.5%7.0%
  16.5%4.8%
  0.0%4.7%
Health
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