Hookstown, Pennsylvania is a town located in Beaver County. Hookstown is home to several businesses such as the Hookstown Grocery Store, Asseff's Pharmacy, and Penns' Place Restaurant. The cost of living in Hookstown is lower than the United States average. This is due to lower rental prices with two bedrooms costing $1,160 compared to the national average of $1,430. Additionally, groceries are less expensive with a grocery cost index of 103 compared to 100 nationally. Residents can save money on day-to-day expenses while still enjoying all the amenities and services that Hookstown has to offer.
Hookstown has an unemployment rate of 8.4%. The US average is 6.0%.
Hookstown has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Hookstown
- The Sales Tax Rate for Hookstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hookstown is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hookstown
- The average income of a Hookstown resident is $21,524 a year. The US average is $28,555 a year.
- The Median household income of a Hookstown resident is $43,542 a year. The US average is $69,021 a year.