Shade, PA Economy


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Shade, PA is a small town located in Somerset County in the Keystone State. It has an estimated population of only about 1,400 people. Despite its size, Shade is home to some great local businesses such as Shade Grocery Store and Shade Automotive. The average 2 bedroom rent in Shade is much lower than the national average of $1,430 at just $790 per month. Similarly, the Grocery Cost Index in Shade is significantly lower than the national average at 95 against 100 for the US. This makes it affordable for locals to purchase groceries in Shade without having to worry too much about their budget.

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

Shade has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Shade
- The Sales Tax Rate for Shade is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shade 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 Shade
- The average income of a Shade resident is $28,851 a year. The US average is $37,638 a year.
- The Median household income of a Shade resident is $57,228 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShade, PennsylvaniaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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