Hopewell, NY is a small town located in Ontario County. Despite its size, it offers many amenities to its residents including several local companies such as Swanson's Hardware, JK's Pizza and Pub, and Starview Dairy. This town is an ideal place to live due to its low cost of living. The 2 Bedroom Rent in Hopewell, NY is $1,160 compared to the US 2 Bedroom Rent of $1,430. In addition to this, the Grocery Cost Index in Hopewell is 102 versus 100 in the US. These factors make Hopewell a great place for people who don't want to spend too much on rent or groceries.
Hopewell has an unemployment rate of 5.8%. The US average is 6.0%.
Hopewell has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Hopewell
- The Sales Tax Rate for Hopewell is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hopewell is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hopewell
- The average income of a Hopewell resident is $32,730 a year. The US average is $37,638 a year.
- The Median household income of a Hopewell resident is $67,660 a year. The US average is $69,021 a year.