Hope, KS Economy


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United States / Kansas / No Metro Area / Dickinson County / Hope / Zip Codes
Hope, KS is a small town with a population of 1,350 people according to the 2019 census data. Despite its size, Hope offers many amenities for its residents. Rent for a two-bedroom apartment is much cheaper than the national average at $780 per month and groceries are relatively cheap as well, with a grocery cost index of 92 versus 100 in the US. Amenities include recreational activities such as boating on nearby lakes, golfing at the local Pine Hills Golf Course, camping at Cedar Bluff State Park, and hiking in the Smoky Valley area. There are various local businesses providing services to residents such as Hope Hardware Store for DIY needs, Hope Cafe & Bakery for those who love delicious home-cooked meals, Superior Auto Repair for car repairs and maintenance, and Gobe Software Solutions for IT services.

Hope has an unemployment rate of 3.6%. The US average is 6.0%.

Hope has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Hope
- The Sales Tax Rate for Hope is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Hope is 5.7%. 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 $22,663 a year. The US average is $37,638 a year.
- The Median household income of a Hope resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHope, KansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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