Hopkins township, MO is an idyllic town located in Missouri. It is characterized by its small-town charm and tight-knit community. The cost of living in Hopkins township is quite affordable when compared to the US average. Rent for a two bedroom apartment is over 45% cheaper than the national average at just $780 per month. Groceries are also significantly cheaper with an index of 93, as opposed to 100 in the US.
Hopkins township is home to numerous local companies such as Hopskip Construction, Hartman Automotive, and M&M Auto Repair. These local businesses provide jobs and services to members of the community as well as visitors of the area. Residents of Hopkins township enjoy a high quality of life due to its lower cost of living combined with its many shops and businesses.
Hopkins township has an unemployment rate of 2.9%. The US average is 6.0%.
Hopkins township has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Hopkins township
- The Sales Tax Rate for Hopkins township is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Hopkins township is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopkins township
- The average income of a Hopkins township resident is $29,035 a year. The US average is $37,638 a year.
- The Median household income of a Hopkins township resident is $43,750 a year. The US average is $69,021 a year.