Hopkins, MO Economy


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Hopkins, MO is a great place to live and do business. Living in Hopkins is relatively inexpensive compared to the US average; 2 bedroom rent is only $780 compared to the US average of $1,430. Groceries are also very affordable, with a grocery cost index of 93 compared to 100 in the US. There are plenty of local businesses and services to choose from as well. Some popular local companies include Walmart, Beyers Building Center, Red's Shoe Store, Dugger's Café Restaurant & Bar, Warhawk Outfitters, and Whistle Stop Café. There is something for everyone in Hopkins, MO!

Hopkins has an unemployment rate of 2.9%. The US average is 6.0%.

Hopkins has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.

Tax Rates for Hopkins
- The Sales Tax Rate for Hopkins is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Hopkins is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hopkins
- The average income of a Hopkins resident is $17,393 a year. The US average is $28,555 a year.
- The Median household income of a Hopkins resident is $38,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHopkins, MissouriUnited States
  2.96
  -1.9%-6.2%
  17.4%33.5%
  6.2%6.2%
  5.4%4.6%
  $30,296$37,638
  $38,500$69,021
  $64,306$85,028
  Population by Occupation
  15.4%1.2%
  0.0%0.5%
  8.9%6.8%
  29.0%10.0%
  0.5%2.5%
  7.9%11.0%
  1.4%4.8%
  0.0%0.8%
  6.1%1.9%
  1.4%4.7%
  0.0%1.9%
  6.5%7.6%
  0.0%0.1%
  0.5%4.2%
  0.9%9.3%
  12.6%14.0%
  0.0%2.1%
  2.3%7.0%
  1.9%4.8%
  4.7%4.7%
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