New Holland, PA Economy


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New Holland, PA is a small town located in southern Pennsylvania. The town has several local businesses such as Pocopson Creek Farm Market and Dutchland Foods that offer residents fresh produce and quality groceries. It also boasts of a wide array of amenities such as parks, restaurants, banks, and shops. For those looking for housing in the area, the average rent for a two bedroom apartment is $1,290 - slightly lower than the national average of $1,430. With its attractive cost of living and convenient access to grocery stores, New Holland is an ideal place to settle down.

New Holland has an unemployment rate of 5.6%. The US average is 6.0%.

New Holland has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for New Holland
- The Sales Tax Rate for New Holland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Holland 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 New Holland
- The average income of a New Holland resident is $27,321 a year. The US average is $28,555 a year.
- The Median household income of a New Holland resident is $62,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Holland, PennsylvaniaUnited States
  5.66
  -5.4%-6.2%
  30.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,070$37,638
  $62,000$69,021
  $74,597$85,028
  Population by Occupation
  0.8%1.2%
  0.6%0.5%
  6.6%6.8%
  29.7%10.0%
  2.2%2.5%
  9.8%11.0%
  0.8%4.8%
  0.0%0.8%
  0.9%1.9%
  1.2%4.7%
  3.3%1.9%
  1.7%7.6%
  0.0%0.1%
  12.7%4.2%
  4.4%9.3%
  9.3%14.0%
  2.9%2.1%
  7.3%7.0%
  5.2%4.8%
  0.8%4.7%
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