Hopkinton, NH is a small town located in the beautiful Merrimack Valley. It's an ideal place to live for those looking for a peaceful yet vibrant setting. The cost of living is very affordable with two bedroom rentals costing on average $1,400 per month. It's even better when compared to the US cost which averages at $1,430. Groceries are also inexpensive as the cost index in Hopkinton is 106 versus 100 in the US. There is plenty to do and experience in Hopkinton as well. Whether it's visiting one of their local companies like Meadowbrook Music or take a stroll through the Candia Springs Adventure Park, there are plenty of activities to keep people entertained.
Hopkinton has an unemployment rate of 2.1%. The US average is 6.0%.
Hopkinton has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Hopkinton
- The Sales Tax Rate for Hopkinton is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Hopkinton is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopkinton
- The average income of a Hopkinton resident is $42,419 a year. The US average is $28,555 a year.
- The Median household income of a Hopkinton resident is $100,665 a year. The US average is $69,021 a year.