Goshen, PA Economy


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Goshen, PA is an attractive and affordable option for prospective renters. With average 2 bedroom rent of $820 in Goshen compared to the US average of $1,430, living costs are significantly lower. It also has a Grocery Cost Index of 96 versus the US which is 100; groceries are 4% cheaper on average in Goshen than elsewhere in the US. \nGoshen is home to many successful companies such as Home Depot, Walmart, Lowe's Home Improvement and Target which makes it easy to find a job. In addition, local schools and universities offer plenty of educational opportunities for young adults looking to further their knowledge while staying close to home. \nLiving in Goshen provides a great balance between city life and small town charm. From its ample shopping options to its diversity of local restaurants there is something for everyone in this quaint suburbia. If you're looking for an affordable place with amenities and plenty of job opportunities then Goshen might just be perfect for you!

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

Goshen 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 Goshen
- The Sales Tax Rate for Goshen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goshen 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 Goshen
- The average income of a Goshen resident is $20,800 a year. The US average is $28,555 a year.
- The Median household income of a Goshen resident is $38,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoshen, PennsylvaniaUnited States
  86
  -5.2%-6.2%
  19.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $21,104$37,638
  $38,917$69,021
  $44,875$85,028
  Population by Occupation
  1.3%1.2%
  3.6%0.5%
  7.2%6.8%
  23.3%10.0%
  1.3%2.5%
  15.7%11.0%
  11.2%4.8%
  0.9%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  0.0%4.2%
  2.2%9.3%
  16.6%14.0%
  1.3%2.1%
  6.3%7.0%
  1.3%4.8%
  3.1%4.7%
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