Trappe, PA Economy


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Trappe, PA is a small town located in Montgomery County. It is known for its quaint charm and affordability. The median rent for a two bedroom home is $1,800 which is slightly higher than the national average of $1,430. The grocery cost index in Trappe is 109, which is higher than the national average of 100. This indicates that groceries may be slightly more expensive in Trappe compared to other parts of the US.
The area offers many local businesses such as AutoZone, Dollar General, and North Star Veterinary Hospital to serve its residents. There are also many restaurants to choose from like Zesto Pizza & Grill or Subway for quick meals on-the-go. With Trappe's reasonable cost of living and abundance of local companies, it's no wonder why it continues to be so popular among those looking for a peaceful and budget-friendly place to live.

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

Trappe has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Trappe
- The Sales Tax Rate for Trappe is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trappe is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Trappe
- The average income of a Trappe resident is $39,019 a year. The US average is $28,555 a year.
- The Median household income of a Trappe resident is $117,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrappe, PennsylvaniaUnited States
  5.66
  -6.4%-6.2%
  29.8%33.5%
  6.0%6.2%
  4.5%4.6%
  $56,940$37,638
  $117,955$69,021
  $134,617$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.6%6.8%
  16.9%10.0%
  2.6%2.5%
  7.3%11.0%
  1.1%4.8%
  0.6%0.8%
  1.7%1.9%
  10.9%4.7%
  4.5%1.9%
  13.5%7.6%
  0.4%0.1%
  2.1%4.2%
  7.8%9.3%
  9.1%14.0%
  2.9%2.1%
  10.0%7.0%
  4.9%4.8%
  1.2%4.7%
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