Good Hope, CA Economy


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Good Hope, CA is a small town with a lot to offer its residents. In terms of housing, the average two bedroom rent is $1,500 which is lower than the US average at $1,430. This makes it a great place for families looking to save on rent. Grocery costs are comparable in Good Hope, CA as they are across the US with an index of 100. Other amenities in Good Hope, CA include local companies such as Baker's Bakery and Smith's Deli which provide fresh and delicious food options to its residents. The town also has several parks as well as an outdoor swimming pool for those who want to enjoy some warm weather activities. All in all, Good Hope provides great value for money and plenty of opportunity for all age groups.

Good Hope has an unemployment rate of 7.7%. The US average is 6.0%.

Good Hope has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Good Hope
- The Sales Tax Rate for Good Hope is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Good Hope is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Good Hope
- The average income of a Good Hope resident is $11,960 a year. The US average is $28,555 a year.
- The Median household income of a Good Hope resident is $45,785 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGood Hope, CaliforniaUnited States
  7.76
  -5.8%-6.2%
  38.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $16,165$37,638
  $45,785$69,021
  $46,599$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  21.8%6.8%
  10.2%10.0%
  2.2%2.5%
  8.7%11.0%
  14.6%4.8%
  0.5%0.8%
  2.6%1.9%
  0.0%4.7%
  0.4%1.9%
  1.7%7.6%
  0.0%0.1%
  6.2%4.2%
  5.2%9.3%
  9.0%14.0%
  1.5%2.1%
  5.0%7.0%
  3.8%4.8%
  4.3%4.7%
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