Randolph, PA Economy


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Randolph, PA is a small town located in Pennsylvania with an array of local businesses and attractions. Despite its size, it has many amenities that make it a desirable place to live. Rent for two bedrooms in Randolph, PA is approximately $800 which is significantly less than the national average of $1,430 for the same type of housing. Additionally, the Grocery Cost Index in Randolph is also lower than the US average at 95 versus 100.
The town features many local businesses such as The Gift Shoppe, a unique gift shop that offers handmade items from local artisans; The Country Store, a one-stop shop for home goods and groceries; and City Market, a grocery store offering fresh produce and locally sourced meats. With its low cost of living combined with these local businesses, Randolph has become an attractive destination for families looking to relocate or retire.

Randolph has an unemployment rate of 7.9%. The US average is 6.0%.

Randolph has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Randolph
- The Sales Tax Rate for Randolph is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph
- The average income of a Randolph resident is $23,667 a year. The US average is $28,555 a year.
- The Median household income of a Randolph resident is $70,347 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRandolph, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $31,026$37,638
  $70,347$69,021
  $76,595$85,028
  Population by Occupation
  1.3%1.2%
  1.0%0.5%
  8.7%6.8%
  20.1%10.0%
  2.3%2.5%
  7.6%11.0%
  3.2%4.8%
  0.6%0.8%
  0.8%1.9%
  0.0%4.7%
  1.8%1.9%
  5.6%7.6%
  0.0%0.1%
  6.2%4.2%
  13.0%9.3%
  13.7%14.0%
  0.9%2.1%
  4.1%7.0%
  3.2%4.8%
  5.7%4.7%
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