Hooppole, IL is a small town located in the North Central part of the state. It is home to a variety of local companies, businesses, points of interest and attractions. Local companies range from small stores to larger manufacturing facilities that provide jobs for many locals. Businesses include restaurants, banks, stores and other services too. Points of interest in Hooppole include the famous Spring Creek Park with its beautiful views and walking trails. Attractions are plentiful in Hooppole too; from historic buildings to museums all providing culture and entertainment for visitors to enjoy. With its affordable 2 bedroom rent at $830 compared to the US average of $1,430, and its low Grocery Cost Index at 90 against the US’s 100, Hooppole is an attractive option for those looking to settle down or take a vacation.
Hooppole has an unemployment rate of 5.9%. The US average is 6.0%.
Hooppole has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Hooppole
- The Sales Tax Rate for Hooppole is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hooppole is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hooppole
- The average income of a Hooppole resident is $19,141 a year. The US average is $37,638 a year.
- The Median household income of a Hooppole resident is $41,094 a year. The US average is $69,021 a year.