East Hope, ID is an idyllic town with a range of amenities that make it a great place to live. It has a stable economy, excellent schools, and plenty of activities to keep its residents entertained. The rent for two bedroom apartments in East Hope is slightly higher than the US average at around $1,510 per month. Groceries are also slightly more expensive than the national average with a grocery cost index of 104 versus 100 in the US. Local companies in East Hope include Grits and Groceries restaurant which serves classic Southern-style cuisine; Fran’s Bakery which sells freshly baked goods; Smith’s Auto Repair offering quality automotive services; and K&K Lumber providing lumber and building supplies.
East Hope has an unemployment rate of 6.1%. The US average is 6.0%.
East Hope has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for East Hope
- The Sales Tax Rate for East Hope is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Hope is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Hope
- The average income of a East Hope resident is $35,399 a year. The US average is $37,638 a year.
- The Median household income of a East Hope resident is $54,583 a year. The US average is $69,021 a year.