Milan, Pennsylvania is a small town located in Elk County. It has a population of 18831 people and is known for its rural charm. The cost of living in Milan is significantly lower than other parts of the United States with a two-bedroom rent being $890 compared to the national average which is $1,430. The Grocery Cost Index in Milan is also 100, which is the same as the US number.
Overall, Milan provides residents with an affordable cost of living while enjoying a rural lifestyle that offers many outdoor activities. There are several local companies like Oakwood Homes which offers custom built homes in Milan, and Bark’s Body Shop Inc., providing auto repair services since 1983. Additionally, there are other businesses such as farmers markets, restaurants and retail stores like Main Street Boutique that make life in Milan enjoyable and unique.
Milan (zip 18831) has an unemployment rate of 6.4%. The US average is 6.0%.
Milan (zip 18831) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 13.1%, which is lower than the US average of 33.5%.
Tax Rates for Milan (zip 18831)
- The Sales Tax Rate for Milan (zip 18831) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milan (zip 18831) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milan (zip 18831)
- The average income of a Milan (zip 18831) resident is $20,499 a year. The US average is $28,555 a year.
- The Median household income of a Milan (zip 18831) resident is $66,071 a year. The US average is $69,021 a year.