Hopewell township, NJ Economy


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Hopewell Township (Mercer County), NJ, is an affluent suburban community located just outside of the state’s capital city. It’s a great place to live with many amenities such as shopping centers and parks. The 2 Bedroom Rent in Hopewell township is $2,200 which is significantly higher than the US average of $1,430. The Grocery Cost Index for Hopewell Township is 111 compared to 100 in the US.
Hopewell Township has a variety of local businesses including New Horizon Diner, Aunt Charlotte's Ice Cream Parlor, Olympia Sports Center and Urgent Care at Mercer County. For dining options there's Amici's Italian Eatery & Pizzeria that serves delicious Italian food and Buffalo Wild Wings for all your wing cravings. Shopping can be found at Kohl's Department Store and Target. Other popular spots include Hopewell Valley Vineyards for wine tasting tours and Del Vino Vineyards for grape picking activities.

Hopewell township has an unemployment rate of 6.2%. The US average is 6.0%.

Hopewell township has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Hopewell township
- The Sales Tax Rate for Hopewell township is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hopewell township is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hopewell township
- The average income of a Hopewell township resident is $68,002 a year. The US average is $37,638 a year.
- The Median household income of a Hopewell township resident is $153,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHopewell township, New JerseyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
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    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
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    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
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Reviews for Hopewell township
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Hopewell Township is a beautiful place to live. It is still quite rural. There are still open fields. There are lots of stables for horseback riders. The tiny town of  More

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