Milford township (Somerset Cnty), Pennsylvania 

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Economy in Milford township (Somerset Cnty), Pennsylvania

Milford township (Somerset Cnty) has an unemployment rate of 5.2%. The US average is 3.9%.

Milford township (Somerset Cnty) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Milford township (Somerset Cnty)
- The Sales Tax Rate for Milford township (Somerset Cnty) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milford township (Somerset Cnty) 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 Milford township (Somerset Cnty)
- The average income of a Milford township (Somerset Cnty) resident is $27,891 a year. The US average is $28,555 a year.
- The Median household income of a Milford township (Somerset Cnty) resident is $63,676 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMilford township (Somerset County), PennsylvaniaUnited States
  5.1%3.7%
  -0.7%1.6%
  17.3%33.5%
  6.0%6.2%
  4.1%4.6%
  $29,252$31,177
  $60,577$57,652
  $70,278$70,850
  POPULATION BY OCCUPATION
  4.7%1.3%
  3.6%0.6%
  7.2%6.2%
  8.1%10.4%
  0.4%2.7%
  7.2%11.6%
  6.5%4.1%
  2.0%0.9%
  1.1%2.1%
  6.2%4.7%
  1.1%1.9%
  4.0%6.7%
  0.0%0.1%
  2.5%4.3%
  6.7%9.3%
  14.4%13.8%
  4.8%2.2%
  8.9%7.4%
  3.8%4.9%
  6.9%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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