In 1912, Myerstown City became a borough. It was home to a population of 2,335 and grew rapidly thanks to the railroad and Union Canal. The city has a relatively low cost of living and a low unemployment rate. Its most prevalent industries include healthcare and social assistance, manufacturing, and retail trade. As the population of Myerstown continues to grow, the town's attractions are growing.
While crime rates in the city of Myerstown are higher than the national average, they're still considerably lower than other parts of the country. Crime rates in neighborhoods near parks and airports may appear higher than those in residential areas, but this is because crime happens everywhere. Although crime rates in safe parks and airports may be lower, there are still areas of Myerstown with higher crime rates than average.
The median household income in Myerstown City is $46,892, making it a relatively middle class town. The city's poverty rate is 15.1%. There are a total of 3.2k people living in the city. Myerstown has a 59.2% homeownership rate, with an average car ownership rate of two cars per household. The median age in Myerstown City is 29.2 years.
The median home value in Myerstown City is $146,000, and 56 percent of residents own their homes. Renters pay an average of $751 per month. Myerstown's rent burden is lower than the national average at 28.4%, but is slightly higher than neighboring cities of Akron and Skyline View (23.2%). Despite the low cost of living in Myerstown, it remains one of the most affordable places to live.