Economy in Ephrata, PA

Ephrata borough, PA is a great place to live for those looking for more affordable housing than the national average. The 2 Bedroom rent is $1,120 compared to the US’s 2 Bedroom rent of $1,430. This cost-of-living advantage continues with grocery costs as the Grocery Cost Index in Ephrata is 104 versus the US index of 100. With its lower cost of living and excellent amenities such as restaurants like the German Cafe and recreation centers like Ephrata Rec Center, there are plenty of ways to enjoy your time in Ephrata. Other popular attractions include the historic Adamstown Antique Mall, Refreshing Mountain Zip Lines & Adventure Park, and Ephrata Performing Arts Center. With so much to offer at an affordable price point, it's no wonder why many people choose to make Ephrata their home!

Ephrata has an unemployment rate of 5.6%. The US average is 6.0%.

Ephrata has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Ephrata
- The Sales Tax Rate for Ephrata is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ephrata 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 Ephrata
- The average income of a Ephrata resident is $25,638 a year. The US average is $28,555 a year.
- The Median household income of a Ephrata resident is $56,280 a year. The US average is $69,021 a year.