Mount Carmel, PA is a small community located in Northumberland County. It is home to several local companies such as Mount Carmel Brewing Company, The Inn at Westwood Farm, and Main Street Deli & Bakery. Despite being a smaller town, Mount Carmel offers an array of economic opportunities and benefits for its residents. In terms of rent prices, Mount Carmel offers some of the lowest rental prices in the state with the average 2 bedroom rent being only $700 compared to the US average of $1,430. Furthermore, grocery costs in this area are generally cheaper than other locations as well with a Grocery Cost Index of 94 compared to 100 nationally. These economic factors make living in Mount Carmel a more affordable option compared to other areas which can be beneficial for those looking for great value on housing and groceries.
Mount Carmel township has an unemployment rate of 7.8%. The US average is 6.0%.
Mount Carmel township has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Mount Carmel township
- The Sales Tax Rate for Mount Carmel township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Carmel township 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 Mount Carmel township
- The average income of a Mount Carmel township resident is $23,056 a year. The US average is $28,555 a year.
- The Median household income of a Mount Carmel township resident is $67,176 a year. The US average is $69,021 a year.