Skip to main content

Original text

Powered by Google TranslateTranslate
Powered by Google TranslateTranslate
How to Run a Business in Pennsylvania

Published December 21, 2021


If you're running a business in Pennsylvania, here's what you need to know. 

  • Pennsylvania is home to more than 1 million small businesses, which employ 2.5 million people.
  • The personal income tax rate in Pennsylvania is 3.07%, while corporate income taxes stand at a flat rate of 9.99%.
  • Pennsylvania's relatively low unemployment rate of 3.9% has created an intensely competitive labor market.

In the state of Pennsylvania, 1 million small businesses employ 2.5 million people. According to the U.S. Small Business Administration, small businesses accounted for 99.6% of all private sector businesses operating in the state in 2018. They employed 46.7% of all Pennsylvania employees. Pennsylvania also boasts the sixth largest economy in the nation, worth more than $788.5 billion annually. It grew modestly in 2018 at a rate of 2.1%, nearly a full point slower than the national rate of 2.9%.

Read more at Business News Daily: 



Business News Daily

Business News Daily
1165 Herndon Parkway, Suite 100
Herndon, VA 20170

Copyright © 2023 SCORE Association,

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Chat generously provided by:LiveChat

In partnership with
Jump back to top