Corn for grain, hay and soybean crops are also important to the state’s agricultural economy. Other field crops grown in the state are wheat, tobacco, and oats. Vegetables that make the largest contributions to Pennsylvania’s economy are sweet corn, potatoes, tomatoes, beans, and cabbage.
What is Pennsylvania’s main source of income?
In Pennsylvania in fiscal year 2015, 51.6 percent of total tax revenues came from sales taxes and gross receipts. Income taxes accounted for 38.5 percent of total state tax collections.
What is a living salary in Pennsylvania?
Living Wage Calculation for Pennsylvania
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $16.67 | $23.28 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $7.25 | $7.25 |
What is the main industry in Pennsylvania?
Some of the state’s major industries are broadcasting and telecommunications, administrative and support services, health care services and construction. Pennsylvania also has its fair share of independent artists, writers and performers.
What is a good income in Pennsylvania?
$44,693 is the 25th percentile. Salaries below this are outliers. $67,717 is the 75th percentile.
Is Pennsylvania a rich or poor state?
Outside of the Philadelphia, Pittsburgh, and Harrisburg metropolitan areas, Pennsylvania is a relatively poorer state, especially in the northern areas and the Appalachian Mountains; only 22% of Pennsylvania places have per capita incomes higher than the national per capita income, and 11.0% of the population lives
Who is the largest employer in Pennsylvania?
With 136 retail stores in Pennsylvania, Wal-Mart was the number one non-governmental employer in the commonwealth. Hospitals UPMC Presbyterian Shadyside, Children’s Hospital of Pennsylvania, Milton S Hershey Medical Center, and Thomas Jefferson University Hospital are also among the top 30.
Is PA expensive to live?
The cost of living in Pennsylvania is 3% higher than the national average. Housing is 1% lower than the national average, while utilities are 10% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% higher than in the rest of the country, while clothing costs 2% higher.
Is PA a cheap place to live?
Pennsylvania is one of the least expensive U.S. states to live in. HomeSnacks.com ranked the Keystone State as the 19th cheapest among U.S. states, with an average living wage of $53,884. That isn’t surprising with plenty of options for Pennsylvania residents looking to save some money.
What is the average rent in Pennsylvania?
The average apartment rent was $1,468 in February, up $46 since last year, according to apartment data from Yardi Matrix. February apartment rents maintained the same pace as in January, rising by 3.2% year-over-year.
What is Pennsylvania known for making?
What do crayons, guitars, chocolate, violins, chips, brews, and baseball bats all have in common? You guessed it! They’re all made right here in Pennsylvania.
What is the economy like in Pennsylvania?
Overview of the Pennsylvania Economy
Pennsylvania’s gross state product (GSP) in 2019 reached $728.0bn, with growth of 1.8% over the 5-years to 2019. Businesses in Pennsylvania employed a total of 24.2 million in 2018, with average annual employment growth of 2.6%.
Does PA have a good economy?
Economic Outlook Rank
Pennsylvania is currently ranked 37th in the United States for its economic outlook.
What is the highest paying job in PA?
Detailed List Of Highest Paying Jobs In Pennsylvania
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $237,942 |
| 2 | President/chief Executive Officer | $201,048 |
| 3 | Vice President Worldwide Sales | $196,218 |
| 4 | Global Vice President Of Sales | $193,819 |
What is minimum wage in PA?
$7.25 per-hour
As long as Pennsylvania’s minimum wage remains at $7.25 per-hour, it feeds the growth of inequality.
How much does it cost to live comfortably in Pennsylvania?
Average Cost of Living in Pennsylvania: $44,650 per year.
What is the poorest U.S. state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
What is the richest U.S. state?
These Are the 10 Richest States in the U.S.
- Maryland. John GreimGetty Images.
- Massachusetts. Boston GlobeGetty Images.
- New Jersey. John MooreGetty Images.
- Hawaii. Mark BosterGetty Images.
- California. George RoseGetty Images.
- Connecticut. Brooks KraftGetty Images.
- Washington. Dan Callister/Getty Images.
- New Hampshire.
What is the richest town in PA?
Fox Chapel Borough, Pennsylvania is being credited as the richest town in the Keystone State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Fox Chapel Borough as having a median household income of $205,987 (199.8% more than the U.S. median income).
What is the richest company in Pennsylvania?
In 2021, the leading publicly traded company with headquarters in Pennsylvania was drug wholesale company AmerisourceBergen. That year, AmerisourceBergen topped the list with a revenue of about 189.89 billion U.S. dollars.
What is Pennsylvania’s biggest industry?
Agriculture and its associated industries contribute more than $135 billion, or about 18%, of Pennsylvania’s economy. The industry involves more than a half-million workers, including 280,500 direct jobs. “Agriculture is our No. 1 industry,” said state Rep.