As long as the static water level stays up you should be OK unless you start using more than 10 gpm. I would have suggested a higher gpm like 10-15 gpm and then whatever hp was need to pump from say 150'.
That 5 gpm is called thr recovery rate of the well, your capacity or storage is the usable water in the well and a 6" well has (IIRC) 1.5 gal/ft from the pump inlet to the top of the water.
Thanks for clearing up the terms.
Once, I get the test results, I will return for treatment suggestions.
Looks like I am okay. The total hardness is 43 mg/l, ph is 8.1 and total alkalinity of 54 mg/L. Totally different than my neighbors. My well ended up being deeper than theirs.
Very good, thanks for the feed back.