Montrose, PA is a small town in Susquehanna County. It's home to a variety of businesses, including the Montrose Area Hospital, Montrose Theater, and Susquehanna Bank. The cost of living in Montrose is very affordable compared to other cities across the United States. Rent for two bedroom apartments is approximately $910 per month and the Grocery Cost Index is 100 versus 100 in the US. This makes it an ideal location for individuals or families looking to stay within budget while also enjoying all that Montrose has to offer.
Montrose has an unemployment rate of 6.7%. The US average is 6.0%.
Montrose has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Montrose
- The Sales Tax Rate for Montrose is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose 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 Montrose
- The average income of a Montrose resident is $26,060 a year. The US average is $28,555 a year.
- The Median household income of a Montrose resident is $51,667 a year. The US average is $69,021 a year.