Gap, PA Economy


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Gap, PA is a small village in the heart of Lancaster County. It is known for its peaceful, rural atmosphere and quaint homes and businesses. The 2 bedroom rent in Gap, PA is $1,290 which is lower than the US average of $1,430. In addition to being more affordable than many nearby towns and cities, Gap, PA offers access to quality amenities such as restaurants, shops, schools and organizations that help make life easier for its residents. For example, grocery costs are slightly higher than the national average at 106 versus 100 in the US. Local companies include Sweet Tooth Bakery & Cafe offering freshly prepared bakery items and desserts, Antiques on Main offering an eclectic selection of antiques and collectibles from local dealers and Stoltzfus Family Meats offering locally grown meats and poultry from their family farm.

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

Gap has seen the job market decrease by -5.4% 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 Gap
- The Sales Tax Rate for Gap is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gap is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Gap
- The average income of a Gap resident is $39,410 a year. The US average is $37,638 a year.
- The Median household income of a Gap resident is $98,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGap, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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