Point Marion, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
equestId":"6f1598a5-5dc2-42f3-9a45-c705a769b12c","resource":"content","data":[{"id":"txt_33eea069725c494abd73362576fb56fb","text":", describe the cost of living\n \nPoint Marion, PA is a small town in Fayette County with a population of less than 1,000. It has some great local businesses such as the Point Marion Pharmacy and the Corner Deli. The cost of living is relatively affordable compared to other parts of the country, with 2 bedroom rent being much cheaper at $1,040 compared to the US average of $1,430. Groceries are also cheaper in Point Marion at 97 on the grocery cost index compared to 100 in the US. This makes it an ideal place for people looking for an affordable place to live that still offers plenty of amenities such as shopping and dining out.

Point Marion has an unemployment rate of 10.2%. The US average is 6.0%.

Point Marion has seen the job market increase by 0.3% 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 Point Marion
- The Sales Tax Rate for Point Marion is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Point Marion 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 Point Marion
- The average income of a Point Marion resident is $24,320 a year. The US average is $28,555 a year.
- The Median household income of a Point Marion resident is $57,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPoint Marion, PennsylvaniaUnited States
  10.26
  -7.0%-6.2%
  21.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $22,418$37,638
  $57,250$69,021
  $67,321$85,028
  Population by Occupation
  0.0%1.2%
  4.1%0.5%
  8.7%6.8%
  6.4%10.0%
  0.0%2.5%
  14.2%11.0%
  2.9%4.8%
  1.1%0.8%
  0.6%1.9%
  1.2%4.7%
  0.5%1.9%
  3.2%7.6%
  0.0%0.1%
  6.6%4.2%
  7.8%9.3%
  21.1%14.0%
  2.8%2.1%
  12.1%7.0%
  1.2%4.8%
  5.5%4.7%
Health
Compare Point Marion, PA
cost of living
Compare food, housing, utilities, and more in Point Marion, Pennsylvania to any other city in the US.