Shippensburg, PA Economy


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Shippensburg Borough, PA is located in Cumberland County and is a great place to live. It has a small town feel while still providing all the amenities of big city living. There are plenty of local restaurants such as Yianni's Italian Bistro, Espresso Cafe, and Tomacos Mexican Grill. For shopping, there are stores such as Tumbleweed Treasures, The Woolen Mill Outlet Store, and Atlas Barber Shop & Beauty Salon. Shippensburg also offers an affordable cost of living with 2 bedroom rent averaging $1,100 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Shippensburg is 103 versus 100 in the US making it slightly more affordable for groceries.

Shippensburg has an unemployment rate of 5.1%. The US average is 6.0%.

Shippensburg has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Shippensburg
- The Sales Tax Rate for Shippensburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shippensburg is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shippensburg
- The average income of a Shippensburg resident is $21,924 a year. The US average is $28,555 a year.
- The Median household income of a Shippensburg resident is $45,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShippensburg, PennsylvaniaUnited States
  5.16
  -5.0%-6.2%
  28.6%33.5%
  6.0%6.2%
  4.5%4.6%
  $29,337$37,638
  $45,219$69,021
  $87,703$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  1.8%6.8%
  12.2%10.0%
  1.1%2.5%
  16.3%11.0%
  11.1%4.8%
  0.0%0.8%
  1.7%1.9%
  0.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.6%4.2%
  14.9%9.3%
  19.2%14.0%
  2.3%2.1%
  4.1%7.0%
  1.9%4.8%
  10.6%4.7%
Reviews for Shippensburg
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Over 12 years ago

There is so much to do in the areas around Shippensburg...so many beautiful state parks, Gettysburg...It is Amish Country, beautiful, homey place that you will  More

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Over 17 years ago

Four distinctive  More

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Over 18 years ago

good place to get an education... a little  More

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