Monroe County, PA is a great place to live. It is home to a variety of local companies such as Choice Energy Group, Proctor & Gamble, and First Commonwealth Bank. With its close proximity to major cities like New York and Philadelphia, residents have easy access to all the amenities these cities offer. The cost of living in Monroe County is lower than the US average with 2 bedroom rentals costing only $1,310 compared to the national average of $1430. Additionally, grocery costs are lower as well with an index score of 103 versus the US rating of 100. All in all, Monroe County offers a great quality of life at an affordable price.
Monroe County has an unemployment rate of 8.7%. The US average is 6.0%.
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 Monroe County
- The Sales Tax Rate for Monroe County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe County is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monroe County
- The average income of a Monroe County resident is $32,961 a year. The US average is $37,638 a year.
- The Median household income of a Monroe County resident is $72,679 a year. The US average is $69,021 a year.