Hopewell Township (Cumberland County), NJ is an idyllic small town that offers a laid-back lifestyle to its residents. With two bedroom rent costing $1,490 per month, it is slightly more expensive than the US average of $1,430. Groceries also cost slightly more in Hopewell Township as the Grocery Cost Index in the area is 101 versus 100 in the US.
A few local companies in Hopewell Township are Carman Ford, a car dealership; Goettman Builders Inc., a residential homebuilding company; and Stor-It-All Self Storage Center, a storage solutions provider. Popular attractions near Hopewell Township include Millville Lakeside Park for outdoor recreation, Wheaton Arts and Cultural Center for art appreciation, and Bass River State Forest for camping and hiking opportunities.
Hopewell has an unemployment rate of 9.4%. The US average is 6.0%.
Hopewell has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Hopewell
- The Sales Tax Rate for Hopewell is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hopewell is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopewell
- The average income of a Hopewell resident is $29,033 a year. The US average is $28,555 a year.
- The Median household income of a Hopewell resident is $86,335 a year. The US average is $69,021 a year.