Hopedale, OH is a city with a population of roughly 1,000 people in the state of Ohio. The rental cost for a two-bedroom apartment here is quite affordable at $780 compared to the US average of $1,430. Additionally, grocery costs are relatively low in Hopedale with an index of 97 versus 100 in the US.
Hopedale has numerous companies operating within it's limits including Hopedale Oil Company, A & M Plastics and D&M Lumber. Local attractions include the National Trail Raceway for car racing fans and various adventure activities located at Adventure Park USA.
Hopedale has an unemployment rate of 5.6%. The US average is 6.0%.
Hopedale has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Hopedale
- The Sales Tax Rate for Hopedale is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hopedale is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopedale
- The average income of a Hopedale resident is $23,037 a year. The US average is $28,555 a year.
- The Median household income of a Hopedale resident is $40,729 a year. The US average is $69,021 a year.