Zip 16860 (Munson, PA) Economy


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Munson, Pennsylvania is a vibrant town located in Butler County. It has a population of just over 1,400 people, making it an ideal place for those looking to escape the hustle and bustle of bigger cities. This town boasts an array of local businesses and amenities. The 2 bedroom rental rate in Munson is $1,210 which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Munson is 98 versus 100 in the US making it a great option for families who are on a budget. Local business amenities such as Gardner’s Furniture & Appliances store and Greenleaf’s Luncheonette provide everything from furniture to delicious meals. Meanwhile nearby parks such as Little Sandy Creek Park provide enjoyable recreational activities for residents to enjoy. All things considered, Munson makes for a great place to call home.

Munson (zip 16860) has an unemployment rate of 8.0%. The US average is 6.0%.

Munson (zip 16860) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Munson (zip 16860)
- The Sales Tax Rate for Munson (zip 16860) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Munson (zip 16860) 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 Munson (zip 16860)
- The average income of a Munson (zip 16860) resident is $26,451 a year. The US average is $28,555 a year.
- The Median household income of a Munson (zip 16860) resident is $65,673 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMunson, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $40,894$37,638
  $65,673$69,021
  $78,043$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.3%6.8%
  49.4%10.0%
  3.4%2.5%
  7.6%11.0%
  3.8%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.7%9.3%
  16.9%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health