Tunkhannock township (Monroe County), PA Economy


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Tunkhannock Township (Monroe County), PA is an area located in the Pocono Mountains. The township is made up of small yet vibrant communities that offer its residents a variety of attractions and amenities. Local companies in Tunkhannock Township include healthcare providers such as Geisinger Health and St. Luke's Hospital, grocery stores like Weis Markets, and outdoor recreation spots like Big Bear Ski Area.
The cost of living in Tunkhannock Township is slightly lower than the US average, with a 2 bedroom rent at $1,370 versus $1,430 nationwide. Grocery costs are also relatively low here with an index score of 102 compared to 100 in the US. This makes it a great place to live for those looking for affordability without sacrificing convenience or quality activities to take part in.

Tunkhannock township (Monroe County) has an unemployment rate of 8.7%. The US average is 6.0%.

Tunkhannock township (Monroe County) has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Tunkhannock township (Monroe County)
- The Sales Tax Rate for Tunkhannock township (Monroe County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tunkhannock township (Monroe County) 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 Tunkhannock township (Monroe County)
- The average income of a Tunkhannock township (Monroe County) resident is $23,463 a year. The US average is $37,638 a year.
- The Median household income of a Tunkhannock township (Monroe County) resident is $68,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTunkhannock township (Monroe County), PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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