Zip 17331 (Hanover, PA) Economy


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17331 Hanover, PA is a great place to live with affordable rent prices. The 2 bedroom rental price for this area averages at $1,130 which is much lower than the US average of $1,430. Along with low rents, the area also offers a competitive Grocery Cost Index of 105 compared to the US national average of 100; making it one of the most affordable areas to live in. Not only does 17331 Hanover offer an array of shopping centers such as High Pointe Commons Shopping Center and Boscov's department store, but also several notable local companies such as Grote Industries and Advanced Disposal Services Inc. All these benefits make living 17331 Hanover an ideal choice for people looking for a great place to call home.

Hanover (zip 17331) has an unemployment rate of 6.0%. The US average is 6.0%.

Hanover (zip 17331) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Hanover (zip 17331)
- The Sales Tax Rate for Hanover (zip 17331) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hanover (zip 17331) 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 Hanover (zip 17331)
- The average income of a Hanover (zip 17331) resident is $28,180 a year. The US average is $28,555 a year.
- The Median household income of a Hanover (zip 17331) resident is $69,187 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanover, PennsylvaniaUnited States
  66
  -5.6%-6.2%
  27.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $34,469$37,638
  $69,187$69,021
  $82,598$85,028
  Population by Occupation
  0.7%1.2%
  0.3%0.5%
  8.5%6.8%
  19.3%10.0%
  3.0%2.5%
  10.8%11.0%
  4.1%4.8%
  0.5%0.8%
  1.3%1.9%
  3.3%4.7%
  1.1%1.9%
  4.4%7.6%
  0.2%0.1%
  3.1%4.2%
  6.8%9.3%
  16.1%14.0%
  1.4%2.1%
  6.7%7.0%
  4.4%4.8%
  4.1%4.7%
Reviews for Hanover
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Over 5 years ago

It is a safe place to raise kids, southwest school district and Hanover school districts have good educational system, it has a state park Codorus State Park beautiful,  More

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Over 17 years ago

Hanover is located in South Central Pennsylvania about halfway between Your and the Historcal city of the Civil War, Gettysburg. The climate is typical Mid-Atlantic,  More

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