Hannasville, PA Economy


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Hannasville, PA is an attractive small city located in central Pennsylvania. With a population of approximately 20,000 people, it offers a serene atmosphere while still providing access to amenities typically found in larger cities. The two bedroom rental cost is significantly lower than the national average at $880 per month compared to $1,430 nationally. Grocery costs are also more affordable with a grocery cost index of 97 compared to 100 nationally.
In terms of industry, Hannasville has seen recent growth in technology with companies such as Fintech Solutions and Dynamics 365 offering services in the area. Additionally, local businesses such as Greenwood Floral provide quality products and services for residents and visitors alike.
In comparison to other towns of similar size nearby, Hannasville stands out due to its low rental costs and affordability. Other neighboring towns such as Bayview have rental prices that are substantially higher at $1,200 per month for a two bedroom apartment while their grocery costs remain near the national average at 101 on the index. Ultimately Hannasville proves to be an attractive option for those seeking value for their money when looking for a place to live or visit in central Pennsylvania.

Hannasville has an unemployment rate of 8.1%. The US average is 6.0%.

Hannasville 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 9.5%, which is lower than the US average of 33.5%.

Tax Rates for Hannasville
- The Sales Tax Rate for Hannasville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hannasville 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 Hannasville
- The average income of a Hannasville resident is $25,467 a year. The US average is $28,555 a year.
- The Median household income of a Hannasville resident is $90,909 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHannasville, PennsylvaniaUnited States
  8.16
  -5.8%-6.2%
  9.5%33.5%
  6.0%6.2%
  3.1%4.6%
  $31,843$37,638
  $90,909$69,021
  $92,273$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  21.6%10.0%
  0.0%2.5%
  0.0%11.0%
  21.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  35.3%9.3%
  5.9%14.0%
  0.0%2.1%
  0.0%7.0%
  7.8%4.8%
  7.8%4.7%
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