Zip 18801 (Montrose, PA) Economy


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United States / Pennsylvania / No Metro Area / Susquehanna County / No City / Montrose (zip 18801)
18801 Montrose, PA is a small suburban town located along the Susquehanna River near Scranton and Binghamton. The city has a population of just over 4,000 people and offers a peaceful atmosphere perfect for families. The median 2 bedroom rent in Montrose is $900 dollars per month, which is significantly cheaper than the US median of $1,430. In addition to affordable housing costs, the Grocery Cost Index in 18801 Montrose is also significantly lower than that of the US average. Residents can find great deals on groceries at local stores such as Weis Markets and Gerrity’s Supermarkets. There are also other local businesses in the area such as Waverly Auto Body and Kline’s Ace Hardware.

Montrose (zip 18801) has an unemployment rate of 6.7%. The US average is 6.0%.

Montrose (zip 18801) has seen the job market increase by 1.2% 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 Montrose (zip 18801)
- The Sales Tax Rate for Montrose (zip 18801) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose (zip 18801) 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 Montrose (zip 18801)
- The average income of a Montrose (zip 18801) resident is $26,925 a year. The US average is $28,555 a year.
- The Median household income of a Montrose (zip 18801) resident is $62,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontrose, PennsylvaniaUnited States
  6.76
  -6.7%-6.2%
  21.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $35,367$37,638
  $62,679$69,021
  $75,754$85,028
  Population by Occupation
  7.1%1.2%
  3.6%0.5%
  4.7%6.8%
  11.4%10.0%
  2.1%2.5%
  14.7%11.0%
  5.1%4.8%
  1.2%0.8%
  0.6%1.9%
  3.1%4.7%
  1.0%1.9%
  4.3%7.6%
  0.0%0.1%
  5.9%4.2%
  8.7%9.3%
  12.2%14.0%
  0.9%2.1%
  4.2%7.0%
  4.5%4.8%
  4.6%4.7%
Health