Hershey, PA is a quaint town located in the heart of Pennsylvania. It is best known for its delicious chocolates produced by the Hershey Company, which has been a staple in the community since 1894. Other notable institutions include Hershey Entertainment and Resorts, Milton S. Hershey Medical Center, and Penn State Milton S. Hershey Medical Center. The cost of living in Hershey is slightly lower than average compared to other parts of the country; 2 bedroom rental costs are around $1,320 per month and the grocery cost index is 106 versus 100 in the US. In addition to great job opportunities at local businesses and institutions, Hershey offers a variety of outdoor activities such as golfing, hiking, or biking along trails throughout Derry Township.
Hershey has an unemployment rate of 7.2%. The US average is 6.0%.
Hershey has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Hershey
- The Sales Tax Rate for Hershey is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hershey 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 Hershey
- The average income of a Hershey resident is $35,426 a year. The US average is $28,555 a year.
- The Median household income of a Hershey resident is $69,626 a year. The US average is $69,021 a year.