Mercer County · Pennsylvania · Northeast · 16k residents
Hermitage, PA: economy, jobs & business costs
The site-selection read on Hermitage: labor costs, talent, corporate tax, energy, and business activity, with the Pennsylvania median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,058/wk. Pennsylvania's corporate income tax rate is 7.99%. Commercial electricity averages 11.0¢/kWh.
Compare Hermitage side by side
Avg. weekly wage
$1,058/wk
Corporate income tax
7.99%
Bachelor's degree or higher
35.2%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast Hermitage's economy is moving, ranked against the US cities we track.
21/100
Cooling
Ranks Hermitage's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $199,500 |
| Price per sq. ft. | $175 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $735/mo |
| 2-bedroom rent | $909/mo |
| State & local income tax | 4.57% |
| Sales tax | 6.34% |
| Corporate income tax | 7.99% |
| Avg. weekly wage | $1,058/wk |
| Bachelor's degree or higher | 35.2% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 26.3/1k |
| Wage: Software developer | $126,550 |
| Wage: Registered nurse | $96,430 |
| Wage: General manager | $103,130 |
| Wage: Customer service | $44,630 |
| Wage: Warehouse worker | $36,640 |
| Wage: Heavy truck driver | $58,580 |
| Wage: Electrician | $67,600 |
| Wage: Retail salesperson | $31,200 |
| Cost of living index | 83 |
| Groceries index | 100 |
| Utilities | $180/mo |
| Transit pass | $96/mo |
| Gas price | $3.45/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,150/mo |
| Median household income | $70,052 |
| Unemployment rate | 3.4% |
| Population | 16k |
| Crime index | 40/100 |
| School rating | 6.3/10 |
| Walkability | 30/100 |
| Disaster risk | 78/100 |
| Avg. commute | 27 min |
| Sunny days / year | 180 days |
| July high | 82°F |
| January low | 16°F |
| Annual snowfall | — |
| Home price YoY | +2.4% |
| Home price MoM | -0.2% |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | -1.4% |
| Building permits YoY | -16.7% |
| Ocean coast | 333 mi |
| Big lake | 49 mi |
| Mountains | 182 mi |
| Major airport | 53 mi |
| Ski resort | 103 mi |
Popular comparisons
Nearby
- New Castle, PA · 22k
- Franklin Park, PA · 15k
- Allison Park, PA · 22k
- Pittsburgh, PA · 305k
- Plum, PA · 27k
Similar size
- Horsham, PA · 16k
- Hanover, PA · 17k
- Weigelstown, PA · 15k
- Fullerton, PA · 17k
- McKeesport, PA · 17k
Real listings in Hermitage
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hermitage a good place to run a business?
- Pennsylvania's corporate income tax rate is 7.99%; average weekly wages in the surrounding labor market run $1,058/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Hermitage, PA?
- Hermitage indexes at 83 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $909/mo and a acs median home value of $199,500.
- How much does a house cost in Hermitage?
- The acs median home value in Hermitage is $199,500 (Census ACS estimate; individual listings vary).
- How much is rent in Hermitage?
- A two-bedroom in Hermitage rents for about $909/mo.