Muncy, PA is an affordable place to live in with rent being significantly lower than the US average. Specifically, a 2 bedroom apartment would cost $1,010 monthly compared to the US average of $1,430. Not only that but grocery prices are also much more reasonable as the Grocery Cost Index in Muncy is 102 versus 100 in the US. The city is populated by several large companies such as KWK Tool & Die Corporation and PennDOT District 3-0 as well as many small businesses. This helps make Muncy an enjoyable place to live that offers great value for money.
Muncy township has an unemployment rate of 7.8%. The US average is 6.0%.
Muncy township has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 9.6%, which is lower than the US average of 33.5%.
Tax Rates for Muncy township
- The Sales Tax Rate for Muncy township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Muncy township is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Muncy township
- The average income of a Muncy township resident is $32,526 a year. The US average is $28,555 a year.
- The Median household income of a Muncy township resident is $76,111 a year. The US average is $69,021 a year.