Greencastle, PA Economy


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Greencastle, PA is an example of a small community offering its residents a lower cost of living than the national average. The 2 bedroom rent in Greencastle is $1,150 which is cheaper than the US average of $1,430. The grocery cost index in Greencastle is 105 versus 100 in the US, showing that items such as fresh produce and dairy products are slightly more expensive in Greencastle than elsewhere. Local companies like Apple Ridge Farm Store, Robert's Auto & Truck Repair and Bluebird Café exist to provide good services at competitive prices. All in all, Greencastle offers an affordable cost of living with plenty of local establishments.

Greencastle has an unemployment rate of 5.9%. The US average is 6.0%.

Greencastle has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Greencastle
- The Sales Tax Rate for Greencastle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greencastle 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 Greencastle
- The average income of a Greencastle resident is $32,380 a year. The US average is $28,555 a year.
- The Median household income of a Greencastle resident is $66,461 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreencastle, PennsylvaniaUnited States
  5.96
  -4.6%-6.2%
  24.4%33.5%
  6.0%6.2%
  4.1%4.6%
  $37,222$37,638
  $66,461$69,021
  $76,375$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.3%6.8%
  15.0%10.0%
  3.7%2.5%
  12.0%11.0%
  3.9%4.8%
  1.0%0.8%
  0.4%1.9%
  2.8%4.7%
  1.3%1.9%
  8.0%7.6%
  0.0%0.1%
  0.8%4.2%
  11.5%9.3%
  17.0%14.0%
  0.5%2.1%
  5.0%7.0%
  6.9%4.8%
  4.4%4.7%
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