Glen Hope, PA Economy


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Glen Hope, PA is a small town located in the eastern part of the state. It offers its residents plenty of local amenities, including several businesses such as Glen Hope Grocery Store, Hopewell Pharmacy, and Glen Hope Hardware Store. The cost of living in Glen Hope is quite affordable when compared to other parts of the country - the average two bedroom rent is only $830 per month compared to the US average of $1,430. Similarly, grocery costs are also significantly lower in Glen Hope with an index score of 96 versus 100 for the rest of the country. This makes it an attractive option for those looking for a place to call home on a budget.

Glen Hope has an unemployment rate of 8.0%. The US average is 6.0%.

Glen Hope 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 Glen Hope
- The Sales Tax Rate for Glen Hope is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glen Hope 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 Glen Hope
- The average income of a Glen Hope resident is $24,869 a year. The US average is $28,555 a year.
- The Median household income of a Glen Hope resident is $60,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlen Hope, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $26,289$37,638
  $60,417$69,021
  $77,829$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  1.3%10.0%
  1.3%2.5%
  9.2%11.0%
  32.9%4.8%
  1.3%0.8%
  0.0%1.9%
  0.0%4.7%
  2.6%1.9%
  2.6%7.6%
  0.0%0.1%
  3.9%4.2%
  2.6%9.3%
  3.9%14.0%
  0.0%2.1%
  10.5%7.0%
  2.6%4.8%
  19.7%4.7%
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