Monaca, PA is a town located in Beaver County, Pennsylvania with a population of 5,796. It offers an affordable cost of living thanks to its competitive 2 bedroom rent price of $970 per month. According to the Grocery Cost Index, Monaca offers comparable prices for groceries when compared to the US average. Additionally, there are many local companies within the area that offer services and employment opportunities such as Advanced Disposal Services, Cougar Automation & Control Systems LLC, MotorTech Performance Center Inc., and more. For those looking for amenities and activities close to home, Monaca is home to several parks and recreational areas including Bradys Run Park; which offers trails for walking or biking as well as playgrounds for children. For entertainment purposes there is also a movie theater located in nearby Rochester called the Carmike 10.
Monaca has an unemployment rate of 8.4%. The US average is 6.0%.
Monaca 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 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Monaca
- The Sales Tax Rate for Monaca is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Monaca 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 Monaca
- The average income of a Monaca resident is $25,195 a year. The US average is $28,555 a year.
- The Median household income of a Monaca resident is $51,086 a year. The US average is $69,021 a year.