Hope, IN is a small town located in Bartholomew county with an estimated population of 8,321 people. It has many amenities such as two bedroom rent being $850 compared to the US 2 Bedroom Rent of $1,430. The Grocery Cost Index also much lower than the national average at 93 versus 100, making it an affordable place to live. There are many local companies such as Hope Commercial Laundry Service, T&T Services LLC, and MJS Home Improvement that offer different services and products to residents of Hope, IN.
Hope has an unemployment rate of 3.8%. The US average is 6.0%.
Hope has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Hope
- The Sales Tax Rate for Hope is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hope 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 Hope
- The average income of a Hope resident is $18,445 a year. The US average is $28,555 a year.
- The Median household income of a Hope resident is $54,875 a year. The US average is $69,021 a year.