Monroe township (Bedford County), PA Economy


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United States / Pennsylvania / No Metro Area / Bedford County / Monroe township (Bedford County) / Zip Codes
Monroe township (Bedford Cnty), PA is an excellent place to live with its affordable 2 bedroom rent of $810 compared to the national average of $1,430. The cost of living in the area is also relatively low with a grocery cost index of 102 versus 100 in the US. To add to this, Monroe township (Bedford Cnty), PA has a thriving job market with well established companies such as Walmart, Sam's Club, Lowe's Home Improvement and Target setting up shop in the area. This provides many local residents with jobs and excellent career opportunities. Furthermore, there are a variety of small businesses that offer unique opportunities for those looking for employment in Monroe township (Bedford Cnty). In short, Monroe township (Bedford Cnty) is a great place to live and work that offers both affordability and job security.

Monroe township (Bedford County) has an unemployment rate of 7.2%. The US average is 6.0%.

Monroe township (Bedford County) 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 Monroe township (Bedford County)
- The Sales Tax Rate for Monroe township (Bedford County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe township (Bedford County) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Monroe township (Bedford County)
- The average income of a Monroe township (Bedford County) resident is $24,432 a year. The US average is $28,555 a year.
- The Median household income of a Monroe township (Bedford County) resident is $49,840 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonroe township (Bedford County), PennsylvaniaUnited States
  7.26
  -5.3%-6.2%
  22.1%33.5%
  6.0%6.2%
  4.7%4.6%
  $23,344$37,638
  $49,840$69,021
  $57,708$85,028
  Population by Occupation
  8.2%1.2%
  1.1%0.5%
  12.0%6.8%
  19.1%10.0%
  3.7%2.5%
  10.4%11.0%
  5.9%4.8%
  1.7%0.8%
  1.1%1.9%
  0.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.1%9.3%
  11.0%14.0%
  0.5%2.1%
  17.8%7.0%
  1.4%4.8%
  1.8%4.7%
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